Currently, 3,150 bitcoin are mined each week.
Last week, Strategy acquired 34,164 bitcoin.
That marked the company’s third-largest purchase. Strategy continues to raise capital in fiat dollars to acquire bitcoin by the week:
Strategy (MSTR) has now acquired more bitcoin year-to-date than the total number mined. (Source: ZeroHedge)
The price for bitcoin may have turned the corner.
A quick recent history: Bitcoin grabbed headlines last fall when it peaked just above $126,000 on October 6, 2025.
Then speculators got squeezed.
Within days, roughly $19 billion in leveraged positions were wiped out as derivatives markets unwound on October 9 to October 10.
By mid-November, the price had already dropped below $92,000. It slipped under $85,000 in December.
By early February 2026, bitcoin was trading roughly 47% to 50% below its peak, with prices hovering between $60,000 and $70,000.
The benchmark crypto has started trending up again. It’s fetching $78, 200 in U.S. dollars this morning, no doubt aided and abetted by Strategy’s big purchase.
CEO Michael Saylor is betting that “scarcity” will again enter the bitcoin conversation, as it always does when the price starts rising.
Is bitcoin is ready to hit new all-time highs? Not just yet.
But the move toward $78,000 started on April 2.
Bitcoin has historically traded in big cycles. When everyone wants to buy is competing with a buyer who’s willing to absorb all the new supply, a massive move higher won’t come as a surprise.
Do you want an interesting way to catch Saylor’s wave? Check out our Shadow Stock recommendation for paid-up Grey Swan Pro members, right here.
~ Addison
P.S. Tomorrow on Grey Swan Live!, Zoltan Istvan joins us to discuss how the constantly evolving AI revolution will reshape every major asset class along the way.
Tune in Thursday as we connect the dots — and show you where the opportunities are moving next.
During our presentation, we’ll talk about how…
- Drones are reshaping warfare.
- Open-source AI is reshaping business.
- And the public is starting to push back on both.
