Michael Saylor says his Bitcoin vehicle Strategy has realized 63,410 BTC of “Bitcoin Gain” in 2026, lifting its stash to over 815,000 BTC, or about 3.9% of total supply.
Summary
- Michael Saylor says his Bitcoin-focused vehicle Strategy has generated 63,410 BTC in “Bitcoin Gain” so far in 2026, worth about $5.1 billion at current prices.
- He adds that Strategy’s BTC stash now represents roughly 3.9% of Bitcoin’s fixed 21 million‑coin supply.
- Saylor has repeatedly argued that “Bitcoin Gain” is the metric “closest to Net Income under the Bitcoin Standard,” reframing profitability in BTC terms rather than dollars.
In a new post on X, Strategy founder and executive chairman Michael Saylor stated that the company has “realized a profit of 63,410 BTC from 2026 to the present,” which he equated to approximately $5.1 billion at prevailing market prices.
That figure builds on earlier updates: in mid‑April, Saylor said Strategy had generated 17,585 BTC of “Bitcoin Gain” in the first two weeks of April alone, worth about $1.3 billion, and that year‑to‑date BTC Gain at that point was 37,339 BTC, or roughly $2.78 billion.
63,410 BTC in gains and nearly 4% of supply
Follow‑up disclosures showed the firm acquiring another 34,164 BTC between April 13 and April 19 for $2.54 billion, bringing total holdings to 815,061 BTC at an average cost of about $75,527 per coin — a position worth more than $61.5 billion at the time and representing 3.8%–3.9% of total supply.
Saylor’s latest comment that Strategy’s current Bitcoin holdings account for “about 3.9% of the total supply on the network” is consistent with those numbers, as 815,000‑plus BTC against the fixed 21 million cap implies just under 4% ownership of all coins that will ever exist.
“Bitcoin Gain” as a Bitcoin‑standard net income
Saylor has been pushing a new reporting framework in which BTC‑denominated performance metrics sit alongside, or even ahead of, traditional dollar figures.
In April, he said “Bitcoin Gain is the closest measure to Net Income under the ‘Bitcoin Standard’ system,” defining it as the incremental Bitcoin accrued through capital allocation, financing, and operating leverage, net of what would have been earned by simply holding BTC.
Related metrics such as “BTC Yield” and “BTC $ Gain” translate those holdings and gains into percentage returns and dollar equivalents, but Saylor has argued that for a balance sheet built around BTC, measuring profit directly in coins better captures long‑term economic performance.
As of late April, Strategy reported a BTC Yield of 9.5% year‑to‑date 2026 and BTC Gain of 61,497 BTC, numbers that have now risen to 63,410 BTC according to Saylor’s latest update, underscoring the pace at which the firm is adding to an already dominant corporate Bitcoin treasury.
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