Bitcoin by Michael Saylor [BTC] Treasury company Strategy has added new Bitcoin to its treasury. On April 13, Strategy acquired 13,927 BTC for $1.00 billion at an average cost of $71,902 per Bitcoin.
With its 106th Bitcoin purchase, Strategy achieved a 2026 BTC Yield of 5.6% year-to-date.
For context, “BTC Yield” means whether Saylor’s company owns a larger portion of Bitcoin per share or just a diluted share. In this case, Strategy’s stock now represents 5.6% more Bitcoin than before.
Needless to say, this pushed Strategy’s total Bitcoin supply to 780,897 BTC worth $59.02 billion, at an average cost of $75,577 per Bitcoin.
This happened at the end of Bitcoin trading at $74,576.83 at the time of publication, after rising more than 5% in just 24 hours.
Do these Bitcoin additions benefit Saylor’s strategy?
Now adding all this up, Strategy was sitting on an unrealized loss of $803.6 million, which is a loss of $1,029.14 per BTC.
However, it is important to note that the company has not suffered any actual losses. If the price of Bitcoin rises above the $75,577 price level, the company will essentially shift to the earnings side.
Bitcoin’s price analysis, along with the RSI and MACD being above the neutral level, confirms that the bullish pressure was strong. So, there seems to be room for BTC to surpass the USD 76,687 resistance level.
How does STRC act as a catalyst?
From April 13th STRC was reportedly absorbed “102% of current Bitcoin mining supply.” This was the sixth consecutive day of complete absorption. STRC noted the same about this:
458 BTC – each coin mined, plus 8 drawn from HODLers.
Simply put, this means that STRC is trying to create a short-term supply squeeze by accumulating BTC and in turn dominating the entire new supply.
Moreover, the crypto community also appreciated STRC’s role, as noted by an analyst who said:
What’s behind this Sunday plague and Monday purchase?
Now looking at Strategy’s recent buying pattern, Saylor usually posts a tease on Sunday, and on Monday Strategy adds new BTC.
So the reason behind choosing Sunday for the tease could be to build anticipation and create speculation.
Meanwhile, choosing Monday to add BTC would mean Bitcoin sentiment would be set early. Moreover, investors and analysts are also more active on Monday, which justifies Saylor’s buying pattern.
This is because MSTR’s share price was trading at $132.36 after rising 2.89% in the last trading session. However, the decline of more than 55% in the past six months still raises eyebrows.
Final summary
- Bitcoin’s new addition to Michael Saylor’s Strategy’s coffers brings BTC returns to 5.6% YTD.
- The strategy currently has an unrealized loss of $804 million, but a BTC price reversal above $75,577 would turn the loss into profit.