Michael Saylor’s Bold Bitcoin Gamble: 34,164 BTC and Counting!

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In a rather audacious move, our intrepid hero, known in the corporate circles as Strategy, has plucked 34,164 shiny bitcoins from the vast digital ether between April 13 and April 19, shelling out a staggering $2.54 billion, according to whispers from the U.S. Securities and Exchange Commission.

STRK, STRC, STRF, and STRD. Their at-the-market offerings stand at a whopping $21 billion, $4.2 billion, $2.1 billion, and another $4.2 billion. It’s like a buffet of investment opportunities! All of this sits comfortably alongside Strategy’s “42/42” capital plan, which aims to rake in $84 billion through equity offerings and convertible notes for bitcoin purchases by 2027. No pressure, right?

STRC takes the spotlight as Strategy’s ambitions grow

STRC has taken center stage in Strategy’s recent funding escapades. This preferred stock carries a variable dividend structure with a tantalizing annualized rate of 11.5%. On a rather ambitious Friday, the company proposed to switch up the dividend schedule from monthly payments to twice a month. Because who doesn’t love a little extra cash flow?

Strategy claimed this change could “lead to reduced reinvestment lag, enhanced liquidity, market efficiency, and increased price stability.” Sounds impressive, doesn’t it? Shareholders will cast their votes on this grand proposal at the annual meeting scheduled for June 8. If the stars align, the first record date under the new schedule will be June 30, with the initial payment expected to hit wallets on July 15. Mark your calendars, folks!

Saylor, in his infinite wisdom, hinted at this purchase before the official announcement, declaring, “Think even bigger,” after posting an updated bitcoin acquisition tracker. The latest buy eclipsed the company’s previous weekly purchase of 13,927 BTC-because who doesn’t want to go bigger?

In the world of public companies dabbling in bitcoin treasury strategies, Strategy stands tall, far ahead of its peers like Twenty One, Metaplanet, MARA, Riot Platforms, Coinbase, Strive, and Hut 8. In short, they’re playing a different game altogether.

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2026-04-20 15:20