Breaking: Michael Saylor’s Strategy Surpasses BlackRock with $2.54B Bitcoin Buy
Highlights
- Michael Saylor's Strategy just bought another $2.54 billion worth of BTC.
- The Bitcoin treasury company has surpassed BlackRock's Bitcoin holdings in the IBIT ETF.
- The acquisition comes after Saylor hinted such a move with his famous 'Orange Dots' post on Sunday.
Michael Saylor-led Strategy (NYSE: MSTR) has revealed an acquisition of over $2.5 billion worth of Bitcoin today, surpassing the 800K BTC mark. The acquisition has boosted its BTC treasury to more than $61 billion at current market prices. It has officially overtaken asset manager BlackRock’s BTC holdings.
Michael Saylor’s Strategy Acquires $2.54 Billion in Bitcoin
According to a disclosure on Monday April 20, Strategy snapped up 34,164 BTC for $2.54 billion. The purchase was made at an average cost of $74,395 per Bitcoin. Moreover, the amount of BTC purchased aligns with experts like Mike Flaum predicting a 30K-40K BTC buy after Saylor posted the “Orange Dots” chart on Sunday.
As of April 19, 2026, the company revealed HODLing 815,061 BTC worth $61.56 billion at the time of writing. This stash was acquired at an average price of $75,527, which serves as the breakeven price for the company’s BTC reserve.
With the latest acquisition, Strategy has surpassed BlackRock’s Bitcoin holdings. The world’s asset manager holds 802,823 BTC in its iShares Bitcoin Trust, as of the latest data on its website.
Moreover, it’s worth noting that Strategy has achieved a year-to-date BTC yield of 9.5% in 2026. Earlier, last week, the company marked another feat as it raked in $1.76 billion proceeds for STRC. The funds could have been used in the recent purchase, according to Strategy’s previous announcement on its BTC acquisition model.
However, despite the recent positive news, the MSTR stock declined 1.90% to $163.35 in the pre-market session on Monday. In addition, Peter Schiff criticized the move saying that it’s getting “crazy.” He added, “I wonder how much lower Bitcoin would be now without all this buying.”
Moreover, Schiff hinted that a “collapse is inevitable.” He further added, “You can’t keep this up indefinitely. The bigger you build the pyramid, the bigger the losses when it does.”
BTC Price Update Today
Today, Bitcoin witnessed a sideways action even as Strategy announced a massive BTC purchase. At press time, the BTC price stood at $75,434.76, down 0.11% in the last 24 hours. The consolidation could be partly attributed to geopolitical tensions rising.
Recently, U.S. President Donald Trump accused Iran of violating the ceasefire set to expire this week. Meanwhile, Iran’s spokesperson fired back with claims of the U.S. breaching the agreement with its naval blockade on Iranian ports and coasts.
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