Strategy Buys $2.01B of Bitcoin, Lifts Holdings to More Than 4% of Total Supply
Strategy added 24,869 bitcoin last week for about $2.01 billion, according to a new filing with the U.S. Securities and Exchange Commission cited by CoinDesk. The purchases were made between May 11 and May 17 at an average price of roughly $80,985 per coin.
Following the latest buy, the company holds about 843,738 bitcoin, worth nearly $65.3 billion at current prices. Its average cost basis is around $75,700 per bitcoin, implying roughly $1.4 billion in unrealized gains.
The position now represents more than 4% of bitcoin's fixed 21 million supply, reinforcing Strategy's status as the world's largest corporate holder. The deal ranks as the company's sixth-largest weekly purchase on record and its second-largest acquisition so far in 2026. Ahead of the disclosure, Executive Chairman Michael Saylor posted "Big dot energy" alongside the firm's bitcoin tracker, signaling another round of buying.
The company has continued to fund purchases through capital markets activity tied to MSTR shares and its STRC perpetual preferred stock program. Last week, Strategy raised nearly $2 billion through STRC sales while expanding its remaining issuance capacity. STRC has become a key component of the firm's acquisition approach, offering an adjustable dividend rate designed to keep the preferred's price near par; proceeds are used to buy bitcoin.
Institutional participation in bitcoin treasury strategies is also broadening. Industry data shows nearly 200 publicly traded companies now hold bitcoin on their balance sheets in some form, though Strategy remains far ahead. Even as bitcoin recently dipped below $77,000 amid inflation concerns and geopolitical tensions, Saylor has continued to frame Strategy as a long-term net accumulator, maintaining a buying posture through short-term volatility.