Strategy Execs Reveal STRC Path to 1M BTC as Purchases Face Funding Scrutiny

Strategy Inc. holds 818,334 BTC (~$62.5B, $700M unrealized gains) and targets 1M BTC by 2026 via STRC perpetual preferred stock, as execs Le and Back outlined on May 1 amid scrutiny over leverage risks and dividend obligations. The firm amassed $7.2B in BTC during April: 4,871 BTC ($330M) on Apr 6, 13,927 BTC ($1B) by Apr 13, 34,164 BTC ($2.54B) week ending Apr 19, and 3,273 BTC ($255M) Apr 20-26. Bitwise CIO credits these buys for BTC's 20% rally to ~$77K, amplified by peers like Strive (789 BTC), Block ($2.2B Q1), Hyperscale ($53M), and AIMCo ($219M MSTR stake).