$74,395 per BTC<\/strong>. The transaction was disclosed via a Form 8-K regulatory filing with the SEC on April 20. This marks the company’s largest weekly purchase since November 2024.<\/p>\n\n\n\nTotal reserves now stand at 815,061 BTC<\/strong>, acquired at a cumulative cost of $61.56 billion<\/strong>, with an average price of $75,527 per coin<\/strong>. At current market prices, Strategy’s position is roughly at breakeven. For those new to corporate Bitcoin treasury strategies, our guide on understanding cryptocurrencies lays down the essential foundations.<\/p>\n\n\n\nThe purchase was primarily funded through the STRC perpetual preferred stock issuance program, an instrument that Saylor regularly deploys to convert capital raises into Bitcoin.<\/p>\n\n\n\n![\"Top](\"https:\/\/media.investx.fr\/wp-content\/uploads\/sites\/5\/2026\/04\/28083121\/Capture-decran-2026-04-28-a-10.57.29-1.png\")
<\/figure>\n\n\n\nA challenging market environment, but not without signals<\/h2>\n\n\n\n
Bitcoin<\/a> kicked off April 2026 at $66,500<\/strong>, following a 23% drop in the first quarter<\/strong>, marking its worst opening since 2018. The Fear and Greed Index had plummeted to 8<\/strong> on March 30, recording 59 consecutive days<\/strong> in the extreme fear zone, the longest streak since the FTX collapse in late 2022.<\/p>\n\n\n\nIn April, the MVRV ratio stood at 1.2<\/strong>, a zone historically associated with accumulation. Bitcoin ETF flows turned positive again, with roughly $2.5 billion in gross inflows in March<\/strong>, narrowing the year to date net outflow to just $210 million<\/strong>.<\/p>\n\n\n\nIt was against this backdrop that Strategy executed its massive purchase. Not at a market peak, but during a technical recovery phase, precisely where long term buyers build their positions. Investors looking to assess their own positioning in light of such signals will find practical tools in our investing in cryptocurrency section.<\/p>\n\n\n\n\n