- Strategy acquired 24,869 BTC worth roughly $2.01 billion last week
- The company now holds more than 843,000 Bitcoin, over 4% of total supply
- New stock offerings and preferred shares continue funding aggressive BTC purchases
Strategy, the Bitcoin treasury company led by Michael Saylor, purchased another 24,869 BTC between May 11 and May 17 for approximately $2.01 billion, according to a new SEC filing. The company paid an average price of around $80,985 per Bitcoin during the latest buying spree.
With the acquisition, Strategy now holds roughly 843,738 BTC valued near $65.3 billion at current prices. The company’s total Bitcoin position was accumulated at an average cost basis of approximately $75,700 per coin, giving the firm an estimated $1.4 billion in unrealized gains.
Strategy Now Controls Over 4% of Bitcoin Supply
The scale of Strategy’s holdings has become increasingly difficult for markets to ignore. The company now controls more than 4% of Bitcoin’s entire 21 million coin supply, further cementing its position as the largest corporate Bitcoin holder globally.
The latest purchase ranks as Strategy’s sixth-largest weekly acquisition ever and the company’s second-biggest buy of 2026 so far. Michael Saylor also hinted at the purchase ahead of the announcement by posting “Big dot energy” on social media alongside Strategy’s Bitcoin tracker.
Preferred Stock Is Fueling More Bitcoin Buys
Much of Strategy’s recent accumulation has been financed through ongoing stock issuance programs tied to both MSTR shares and its STRC perpetual preferred stock offering. Last week alone, the company raised nearly $2 billion through STRC share sales while continuing to expand its available issuance capacity.
STRC has become one of the primary drivers behind Strategy’s Bitcoin acquisition model because it offers investors adjustable dividend rates designed to maintain stable pricing near its par value. Analysts believe strong demand for the product may be creating recurring mid-month Bitcoin buying pressure as proceeds get deployed directly into BTC purchases.
Institutional Bitcoin Accumulation Keeps Growing
Strategy’s continued buying comes as more public companies adopt Bitcoin treasury strategies. According to industry tracking data, nearly 200 public firms now hold Bitcoin on corporate balance sheets in some form, though Strategy still dominates the sector by a massive margin.
Despite Bitcoin recently falling back below the $77,000 level amid inflation fears and geopolitical tensions, Saylor continues positioning Strategy as a long-term “net accumulator” of BTC. For now, the company appears fully committed to expanding its Bitcoin holdings regardless of short-term market volatility.
