Michael Saylor has once again teased a potential Bitcoin purchase by his company, Strategy, with his traditional Sunday post on X stating, 'The ₿eat Goes On.' However, market analysts suggest that the upcoming Monday update, scheduled for April 27, 2026, will likely not match the scale of last week's historic acquisition.
Last week, Strategy made a massive purchase, adding 34,164 BTC to its treasury, bringing its total holdings to 815,061 BTC. This purchase was largely financed through the issuance of MSTR shares. However, the funding mechanism has paused this week as MSTR shares are trading at $99.46, which is slightly below par value. Saylor has a stated principle of avoiding new MSTR issuance when shares trade at a discount to prevent shareholder dilution. Data from the mstr.live tracker confirms that no new Bitcoin was acquired through the MSTR route this week.
Despite this, Strategy retains alternative funding routes. The company still has a massive $26.7 billion capacity to sell common stock through its 'Classic' ATM program. However, this tool is typically used only when the stock trades at a significant premium to its net asset value. Another smaller mechanism is the Strive Series A (SATA), which only generated 0.72 BTC this week, allowing Saylor to technically maintain the narrative of ongoing purchases.
The expected modest update comes as Strategy's Bitcoin treasury model faces increased public scrutiny. Critics, like economist Peter Schiff, have warned of a potential 'death spiral' for the company if its access to capital markets becomes constrained. Supporters view the strategy as a long-term accumulation plan. This week's report will likely show whether Saylor has learned to apply the brakes when funding conditions turn unfavorable, balancing between capital markets and the crypto one.
