Key Takeaways:
- Strategy drew fresh market attention after Michael Saylor posted another orange-dot bitcoin chart.
- The update followed Strategy’s major bitcoin purchase from the prior week.
- Saylor’s latest message reinforced focus on Strategy’s bitcoin accumulation activity.
Strategy Bitcoin Holdings Show Continued Accumulation Momentum
Strategy Executive Chairman Michael Saylor returned on April 26 with his signature orange-dot chart, signaling the company’s expanding bitcoin position and renewed accumulation momentum. The update showcased cumulative purchases and price movement over time, a format closely watched by market participants as a potential signal of major BTC buying activity.
Saylor stated: “The ₿eat Goes On.” His chart centered on a bitcoin reserve valued at $63.46 billion, alongside total holdings of 815,061 BTC. The visual highlighted 107 purchase events, while mapping bitcoin price, Strategy purchases, and average purchase price across the timeline. It tracked price levels from below $20,000 to above $120,000, with orange markers indicating acquisitions at different market points.
Strategy Market Metrics Frame Bitcoin Reserve Exposure
The company’s dashboard summarized its bitcoin-linked financials, showing MSTR at $171.02, down 0.84%, and bitcoin per share at 213,597 sats. Market cap reached $59,685 million, with enterprise value at $79,177 million and trading volume at $2,395 million. It also listed 65% implied volatility, up to 72% over 30 days, and $47,830 million in open interest. Bitcoin reserves stood at $63,552 million, with BTC priced at $77,972, while USD reserves were $2,250 million and debt totaled $8,254 million. Net leverage was 9%, with $1,489 million in dividends, $13,540 million in preferred stock, 34% amplification, and coverage metrics of 42.7 years in BTC and 18.1 months in USD.
This latest update followed Saylor’s April 19 orange-dot chart posting, which carried the message, “Think Even Bigger.” The next day, Strategy announced it had acquired 34,164 BTC for about $2.54 billion at roughly $74,395 per bitcoin, lifting total holdings to 815,061 BTC acquired for about $61.56 billion at roughly $75,527 per bitcoin.
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