MicroStrategy buys more BTC
MicroStrategy announced another large Bitcoin purchase, continuing its strategy of corporate accumulation as institutional ownership remains concentrated. At the same time, crypto sentiment indicators showed extreme fear, with the Bitcoin Fear & Greed Index near record-low readings. (x.com 1) (x.com 2)
Strategy said on April 6 it bought 4,871 more Bitcoin for about $330 million, extending the company’s five-and-a-half-year accumulation campaign. (strategy.com) (sec.gov) The company’s purchase price worked out to about $67,718 per Bitcoin, according to Strategy’s holdings tracker. That brought its total stash to 766,970 Bitcoin. (strategy.com) Strategy, the company formerly known as MicroStrategy, now describes itself as “the world’s first and largest Bitcoin Treasury Company.” Its investor relations page says it funds purchases with equity and debt financings as well as cash flow from operations. (strategy.com) The buying came as crypto sentiment stayed deeply negative. Alternative.me’s Bitcoin Fear and Greed Index read 12 on April 13, which it classifies as “Extreme Fear,” after readings of 16 the prior day and 13 a week earlier. (alternative.me) That index tracks a simple 0-to-100 scale for Bitcoin market mood, with 0 meaning “Extreme Fear” and 100 meaning “Extreme Greed.” Alternative.me says the current version is for Bitcoin only and leans heavily on volatility and trading momentum data. (alternative.me) Corporate ownership remains concentrated even as more public companies add Bitcoin. BitcoinTreasuries.net says public companies held about 1.164 million Bitcoin as of early April, which means Strategy alone accounted for roughly two-thirds of that total. (bitcointreasuries.net) (strategy.com) The concentration looks different in exchange-traded funds, where the largest holder is BlackRock’s iShares Bitcoin Trust at 785,186 Bitcoin, according to BitcoinTreasuries.net. Fidelity’s fund held 188,144 Bitcoin and Grayscale’s flagship trust held 156,278 Bitcoin. (bitcointreasuries.net) Strategy has kept up a near-weekly pace of disclosures in 2026. Its purchase log shows buys on March 2, March 9, March 16, March 23, and April 6, with the April 6 filing marking its latest reported increase. (strategy.com) (sec.gov) For now, the company is still doing the same trade in public: raise capital, buy Bitcoin, disclose the new total, repeat. The latest filing shows that cycle continued even with sentiment gauges still parked in extreme fear. (strategy.com) (alternative.me)
