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Strategy Inc. buys $2.54B in Bitcoin but MSTR shares fall over 2.5% amid dilution concerns

Market News
20 Apr 2026
Coinpaper
View Source
Bearish
pluang ai news

Strategy Inc. purchased 34,164 Bitcoin for about $2.54 billion at an average price of $74,395 per coin, increasing its total holdings to 815,061 BTC worth over $61 billion. Despite the large acquisition, MicroStrategy (MSTR) shares dropped more than 2.5% in pre-market trading, reflecting investor concerns about dilution and the costs of raising capital through share issuance. The company funds Bitcoin purchases mainly by issuing preferred and common shares, a strategy that has raised debate about long-term shareholder dilution and financing costs. This move keeps Strategy Inc. as the largest corporate holder of Bitcoin, but market reaction shows caution over its funding approach.

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