MicroStrategy's BTC Gain for April Reaches 17,585 BTC, Valued at About $1.31 Billion

Michael Saylor said Strategy’s Bitcoin-linked performance generated 17,585 BTC in “BTC Gain” during the first two weeks of April, valuing that gain at about $1.309 billion, based on figures shown on the company’s dashboard. In a post on X, Saylor described BTC Gain as the closest analog to net income under what he called the “Bitcoin Standard,” presenting the update as a new snapshot of Strategy’s Bitcoin treasury results.

Strategy dashboard highlights BTC Gain and BTC Yield

The dashboard figures cited by Saylor showed a Bitcoin price of $74,431 and total Strategy holdings of 780,897 BTC. The dashboard also put the BTC reserve value at $58.123 billion.

Strategy’s reported BTC Yield was listed at 2.3% quarter to date, 5.6% year to date, and 22.8% for 2025. The same dashboard showed BTC Gain of 37,339 BTC year to date and 101,873 BTC for 2025, with corresponding dollar gains of $2.779 billion year to date and $8.915 billion for the year.

Saylor’s latest statement emphasized the quarter-to-date figure, covering the first part of April, and placed BTC Gain at 17,585 BTC. The value estimate of about $1.3 billion matched the dashboard’s BTC dollar gain quarter-to-date figure of $1,309 million.

Bitcoin price holds above $74,000

The update arrived as Bitcoin traded above $74,000 following earlier weakness. Based on the figures Strategy cited, the company’s 780,897 BTC reserve was valued near $58.1 billion at the time of the dashboard reading.

Market coverage referenced official records indicating Strategy acquired its holdings at an average price of $75,577 per BTC. That average cost has drawn attention to whether Bitcoin can remain near or above current levels.

STRC ATM liquidity supports focus on additional purchases

Separately from the BTC Gain figures, market trackers reported that Strategy’s Stretch STRC ATM facility attracted more than $1.76 billion in liquidity during the current week. Data from Bitcoin Quant’s STRC ATM tracker suggested that amount could fund the purchase of about 23,934 BTC if fully used for Bitcoin acquisitions.

If that estimate were realized, Strategy’s total holdings would rise to about 804,831 BTC. No official filing had confirmed such a purchase at the time referenced in the reports; the estimate was based on liquidity tracking rather than a company disclosure.

Recent STRC liquidity and disclosed acquisitions

On Tuesday after the market close, Saylor said STRC generated more than $1.56 billion in liquidity and closed at par at $100, after earlier bringing in another $278 million on Monday.

Earlier this month, Strategy disclosed the purchase of 13,927 BTC for nearly $1 billion at an average price of $71,902 per coin. The transaction added to a series of April acquisitions after the company paused buying activity during the final week of March.

As previously reported, Strategy has bought more than $1.3 billion worth of Bitcoin this month through STRC-related funding.

Strategy shares move higher

Strategy’s stock also rose with the latest developments. MSTR increased 1.28% to $139.17 in pre-market trading on Wednesday after gaining 3.82% to close at $137.41 on Tuesday.