Strategy Expands Bitcoin Holdings With $2B Purchase

@Strategy has added another substantial block of $BTC to its corporate treasury, purchasing 24,869 Bitcoin for approximately $2.01 billion between May 11 and May 17, 2026. The acquisition, disclosed by executive chairman @Saylor, was executed at an average price of $80,985 per coin.

Relentless Accumulation Continues

The latest purchase follows a period of varied buying activity. The week ending May 11, Strategy had purchased 535 Bitcoin for roughly $43 million at an average price of $80,340 per coin. The far larger buy in the days that followed signals a sharp step-up in pace, with the firm deploying capital through its established at-the-market equity offering programs.

Strategy holds 818,869 BTC acquired for roughly $61.86 billion at an average cost of $75,540 per Bitcoin, and has recorded a Bitcoin yield of 9.4% year-to-date in 2026. The company remains the largest publicly traded corporate holder of Bitcoin by a wide margin. Its total holdings represent approximately 3.9% of Bitcoin's fixed 21 million supply.

Capital Structure and Market Context

Strategy funds its purchases through multiple capital channels, primarily at-the-market share sales and preferred stock instruments. Year to date, Strategy reports raising $11.68 billion, including $7.37 billion in Q1 2026 and $4.32 billion in Q2-to-date sales under its at-the-market equity offering program.

The buying spree comes against a backdrop of scrutiny over the firm's finances. Bitcoin fell 23% in Q1 2026, and under FASB fair value accounting rules adopted in January 2025, Strategy recorded a $12.54 billion unrealized loss running directly through the income statement. Despite that accounting drag, the firm has shown no sign of slowing its acquisition rate.

At current Bitcoin mining issuance of roughly 450 BTC per day post-halving, large weekly purchases of this scale absorb more than a week's worth of new supply. Combined with spot ETF inflows, the programmatic bid from corporate treasuries is pulling supply out of circulation faster than new coins enter it.

Sources:
CoinDesk: Strategy adds 535 Bitcoin days after outlining potential sale scenarios
Bitcoin Magazine: Strategy (MSTR) buys $43 million more Bitcoin after Saylor defends potential BTC sales
Strategy: Official Bitcoin Purchases Page