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Strategy Adds 13,927 BTC Worth $1B as UK Lawmaker Makes Historic Bitcoin Purchase
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Strategy Adds 13,927 BTC Worth $1B as UK Lawmaker Makes Historic Bitcoin Purchase

Michael Saylor's Strategy acquired another 13,927 BTC for $1 billion, bringing its total holdings to 780,897 BTC. Meanwhile, UK MP Nigel Farage became the first sitting British parliamentarian to publicly buy bitcoin.

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Strategy Expands Bitcoin Treasury by $1 Billion

Michael Saylor's Strategy acquired 13,927 BTC during the week starting April 6, spending approximately $1 billion at an average price of $71,902 per coin. The purchase brings the firm's total bitcoin holdings to 780,897 BTC — representing 3.7% of bitcoin's total supply.

«Strategy has acquired 13,927 BTC for ~$1.00 billion at ~$71,902 per bitcoin and has achieved BTC Yield of 5.6% YTD 2026. As of 4/12/2026, we hodl 780,897 $BTC acquired for ~$59.02 billion at ~$75,577 per bitcoin. $MSTR $STRC» — Michael Saylor (@saylor), original post

The company's aggregate bitcoin portfolio is now valued at approximately $59 billion, with an average acquisition cost of $75,577 per BTC. To fund the latest purchase, Strategy sold perpetual preferred shares (STRC), issuing 10,028,363 shares for roughly $1 billion — the second-largest STRC offering in the company's history.

Strategy continues its aggressive accumulation despite reporting $14.46 billion in unrealized losses during Q1 2026.

Why This Matters

Strategy remains the world's largest corporate bitcoin holder, and its continued buying reinforces the institutional narrative around BTC. A single company controlling 3.7% of bitcoin's supply has meaningful implications for market liquidity and sentiment. Meanwhile, the entry of a sitting UK lawmaker into bitcoin treasury operations signals that the corporate bitcoin trend is spreading beyond North America and into European political circles.

UK Member of Parliament Makes Historic Bitcoin Buy

Nigel Farage, a sitting member of the UK Parliament and co-founder of the Reform UK party, purchased 37 BTC worth $2.7 million for Stack BTC. Earlier in March, he had invested $286,000 in the company's equity.

«BREAKING: Nigel Farage has purchased £2m of Bitcoin for Stack BTC — becoming the first sitting MP and the first UK political party leader in history to publicly buy Bitcoin. A landmark moment for Bitcoin in British politics.» — Stack BTC (@stackbtc_), original post

According to Stack BTC, Farage is the first sitting UK parliamentarian to publicly buy bitcoin. The company now holds 68.1898 BTC, ranking 114th among bitcoin treasuries tracked by BitcoinTreasuries. Stack BTC is managed by former UK Chancellor of the Exchequer Kwasi Kwarteng and offers British investors access to bitcoin through public markets.

BitMine Ramps Up Ethereum Accumulation

The largest Ethereum treasury, BitMine, also made a significant purchase, adding 71,524 ETH for $156.35 million. The company's total holdings now stand at 4.8 million ETH worth $10.66 billion, representing 4.04% of Ethereum's total supply. BitMine's stated goal is to accumulate 5% of Ethereum's total issuance.

BitMine chairman Tom Lee noted that the company has maintained elevated buying rates for four consecutive weeks and described the latest weekly purchase as the largest since December 22, 2025. Lee characterized the firm's base case as Ethereum being in the final stage of a "mini-crypto winter."

BitMine's total staked ETH has reached 3.3 million coins ($7.4 billion), generating annualized revenue of approximately $212 million. The company is currently migrating locked assets to its proprietary MAVAN platform, launched in late March. BitMine shares began trading on the New York Stock Exchange on April 9.

bitcoinbitcoin-treasurybitmineethereummicrostrategystrategyuk-politics

Frequently Asked Questions

How much bitcoin did Strategy buy this week?

Strategy acquired 13,927 BTC for approximately $1 billion during the week starting April 6, at an average price of $71,902 per coin. The company's total bitcoin holdings now stand at 780,897 BTC worth roughly $59 billion.

Who is Nigel Farage and why did he buy bitcoin?

Nigel Farage is a sitting UK Member of Parliament and co-founder of the Reform UK party. He purchased 37 BTC worth $2.7 million for Stack BTC, becoming the first sitting British MP to publicly buy bitcoin.

What is BitMine and how much Ethereum does it hold?

BitMine is the world's largest Ethereum treasury. The company holds 4.8 million ETH valued at $10.66 billion, which represents 4.04% of Ethereum's total supply. BitMine shares started trading on the NYSE on April 9.

How did Strategy fund its latest bitcoin purchase?

Strategy financed the acquisition through the sale of perpetual preferred shares (STRC). The company issued 10,028,363 shares for approximately $1 billion — the second-largest STRC offering in its history.

What is Stack BTC and who manages it?

Stack BTC is a company that provides British investors access to bitcoin through public markets. It is managed by former UK Chancellor of the Exchequer Kwasi Kwarteng. The firm currently holds 68.1898 BTC, ranking 114th among bitcoin treasuries.

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