We Just Found Out Strategy Inc. Is Hoarding Bitcoin Like It’s 2099!

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So, here’s the scoop: Strategy Inc. just dropped a whopping 34,164 bitcoins into its treasury this week-because why not? That brings their grand total to 815,061 BTC, and they’re now eyeing that coveted million-mark like it’s the last slice of pizza at a party.

Key Takeaways:

  • They snagged 34,164 BTC for a mere $2.54 billion on April 20, 2026. You know, just your average Tuesday purchase, bringing their total to 815,061 coins. No big deal.
  • According to River data, STRC preferred stock proceeds are outpacing all spot Bitcoin ETF net inflows by nearly 10 to 1. It’s like watching your grandma crush everyone in bingo night.
  • At their current pace of 774 BTC per day, they’ll hit that million mark by December 15, 2026. Just in time for the holidays! Forget about shopping; let’s just buy more Bitcoin.

River Says Strategy’s STRC Financing Outperforms Bitcoin ETFs Ten to One in 2026

In case you missed it, the illustrious bitcoin treasury company, Strategy (Nasdaq: MSTR), just revealed their latest Bitcoin binge in an April 20 SEC filing. That 34,164 BTC was bought at an average price of $74,395 per coin. Michael Saylor, the executive chairman, couldn’t help but brag that this latest haul pushed their year-to-date bitcoin yield to a jaw-dropping 9.5%. I mean, who wouldn’t want to throw around numbers like that at parties?

This buying spree is largely fueled by Strategy’s STRC preferred stock program, aka “Stretch.” It’s like a gym membership for your wallet, paying an 11.5% monthly dividend yield to holders. So while they’re racking up Bitcoin, they’re also raising capital without having to sell any existing bitcoin. Talk about multi-tasking! Since January 2025, they’ve made 57 purchases totaling 367,593 BTC-that’s a lot of numbers to wrap your head around!

Image source: River via X.

Now, if you thought that was impressive, hold on to your wallets! Strategy’s buying power is cruising past the U.S. spot bitcoin ETF market like it’s on a freeway with no speed limits. According to River’s fabulous data, the STRC program has already picked up roughly 77,000 BTC in 2026 alone. In comparison, all U.S. spot bitcoin ETFs combined have only seen net inflows of 8,000 BTC. Yeah, good luck catching up, other funds!

In a tweet that practically screamed, “Look at us!” River wrote:

“STRC has bought 10X more bitcoin than all ETFs so far in 2026.”

As it stands, Strategy is sitting on a treasure trove of bitcoin valued at around $58.7 billion. And get this: they’re operating with a net leverage ratio of about 10%. The latest acquisition was funded through at-the-market (ATM) programs linked to both STRC shares and Class A common stock. Because when you’re dealing with billions, why not keep it complicated?

With 815,061 BTC in their piggy bank, they only need another 184,939 coins to hit the magical one million. If they maintain their historical pace of around 774 BTC per day (over the last 57 purchases), simple math suggests they’ll hit that target around December 15, 2026. But let’s be real, they might make it happen sooner with their dramatic buying bursts-who doesn’t love a little drama, right?

Interestingly, Strategy’s holdings act a bit differently compared to those pesky ETFs. You see, ETFs can face rapid outflows during price drops, while Strategy treats its bitcoin like a beloved pet-permanently kept and adored. They haven’t shown any signs of selling, even when prices dip below their average buy position. This makes their buying pressure distinct in the market; the coins go in and stay put. Kind of like my New Year’s resolutions.

So, the journey to a million bitcoin hinges on the continued demand for the STRC instrument and a steady access to capital markets. Luckily, both conditions are still shiny and intact as of April 2026.

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2026-04-22 01:27