Michael Saylor posted his usual Sunday signal on X ahead of Strategy’s expected weekly update, writing:
“The ₿eat Goes On”
The post came just days after Strategy made its largest weekly acquisition since November 2024, buying 34,164 BTC for approximately $2.54 billion between April 13 and April 19 at an average price of $74,395 per bitcoin.
Total holdings now stand at 815,061 BTC — worth roughly $61.2 billion and representing over 3.8% of bitcoin’s fixed supply of 21 million coins.
Smaller buy expected this week
Market watchers do not expect another billion-dollar purchase in this week’s update.
Strategy’s main funding route slowed after MSTR share issuance paused while the stock traded at $99.46, slightly below par.
The company has frequently used share sales to fund bitcoin accumulation, but Saylor has historically avoided issuing shares when market terms could hurt existing shareholders.
Only 0.72 BTC was acquired through SATA-linked activity during the week, a sign that alternative funding sources were also limited.
Funding options still available
Strategy still retains about $26.7 billion in common stock capacity through its at-the-market program, which allows share sales when conditions support it.
The company typically uses this tool only when its stock trades at a strong premium to its bitcoin holdings.
Model faces scrutiny
The update arrives as Strategy’s bitcoin treasury model draws more public debate.
Supporters view it as a disciplined long-term accumulation strategy, while critics argue it depends on steady capital market access and that weaker funding conditions could slow future purchases or pressure the company’s balance sheet.
