In the week ending March 30, Strategy reported the acquisition of 4,871 BTC worth $329.9 million, with an average purchase price of $67,718 per coin.
The firm’s total assets under management have reached 766,970 BTC, valued at $58 billion.
Source: BitcoinTreasuries. The company did not announce any Bitcoin additions to its balance between March 23 and 27, when the first cryptocurrency was trading above $70,000.
Last week, prices stalled around $67,000, which Strategy took advantage of. Since the beginning of the year, the company has repeatedly purchased digital gold at local peaks.
To finance these new purchases, Strategy conducted several stock offerings, raising a total of $474 million.
Simultaneously, the firm released its financial results for the first quarter, reporting a "paper" loss of $14.46 billion on digital assets.
While the company qualified for a tax benefit, it is uncertain if it will be able to utilize it. Strategy has fully reserved this amount and is preparing an additional fund of $500 million in case of further declines in Bitcoin's price.
Debate Between Saylor and Schiff
Following the report's release, a discussion erupted on social media platform X between Bitcoin critic Peter Schiff and Michael Saylor. Schiff claimed that over the past five years, Bitcoin has only increased by 12%, compared to 57-59% for U.S. stock indices and 163-181% for gold and silver.
Over the past five years, the price of Bitcoin is up by just 12%. Over the same time period, the NASDAQ is up 57.4%, the S&P 500 is up 59.4%, gold is up 163%, and silver is up 181%. If the appeal of Bitcoin is its superior long-term performance, why should anyone keep HODLing it?
— Peter Schiff (@PeterSchiff) April 5, 2026
Saylor responded by emphasizing the importance of timeframes. Schiff excluded the first year of Strategy's active accumulation. Since August 2020, when the company adopted a Bitcoin strategy, Bitcoin has risen by 36%—to $67,000 by September 2021.
During that period, cryptocurrency outperformed gold by more than double, which gained only 16%. The Nasdaq 100 (15%), S&P 500 (14%), real estate (5%), and U.S. Treasury bonds (-1%) also lagged behind.
Timeframes matter. Since Aug 2020, Bitcoin is the top-performing major asset and it’s not even close. Zoom out further and the gap only widens. $BTC pic.twitter.com/2yQ3KGtz8w
— Michael Saylor (@saylor) April 5, 2026
If we consider the beginning of April 2021 (when the price was around $57,000), the dynamics look different. At the time of writing, digital gold is trading around $69,300.
Hourly chart of BTC/USDT on Binance. Source: TradingView.
BitMine Accumulates Nearly 5% of Ethereum Supply
BitMine Immersion Technologies reported the purchase of 71,252 ETH worth $152 million over the week.
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— Bitmine (NYSE-BMNR) $ETH (@BitMNR) April 6, 2026
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BitMine provided its latest holdings update for April 6, 2026:
$11.4 billion in total crypto + "moonshots":
— 4,803,334 ETH at $2,123 per ETH (@coinbase)
— 198 Bitcoin (BTC)
— $200 million stake in Beast Industries @MrBeast
— $92 million stake…
In total, the firm has accumulated 4.8 million ETH valued at $11.4 billion—almost 4% of Ethereum's supply. BitMine aims to accumulate 5% of the leading altcoin's supply.
Recall that at the end of March, the company launched an institutional platform, MAVAN, designed for staking the second-largest cryptocurrency by market capitalization.