Strategy Resumes Bitcoin Buying with $43 Million Purchase, Raising Total Holdings Above 818,000 BTC
In early May 2026, Strategy (ticker MSTR), the world’s largest publicly traded corporate holder of Bitcoin, announced a fresh acquisition of 535 BTC for roughly $43 million. The transaction, disclosed in a recent SEC filing, was executed at an average price of $80,340 per coin, pushing the company’s cumulative Bitcoin stash to 818,869 BTC—an aggregate outlay of about $61.86 billion and an overall average purchase price of $75,540 per BTC. Funding for the deal came primarily from the sale of Class A common stock, which generated $42.9 million, supplemented by a modest $100,000 raised through the issuance of Stretch (STRC) stock. The news sparked an immediate rally in MSTR shares, which climbed 4.3 percent in pre‑market trading to $187.50, contributing to a year‑to‑date gain of roughly 23 percent, a stark contrast to Bitcoin’s 7.2 percent decline over the same period.
The latest purchase follows a brief pause announced during Strategy’s Q1 earnings call, when Executive Chairman Michael Saylor hinted that the firm might liquidate a portion of its Bitcoin reserves to fund dividend payouts. While that suggestion raised eyebrows among investors wary of potential market impact, the company’s decision to restart buying underscores a continued confidence in Bitcoin’s long‑term value proposition. Analysts note that the timing aligns with Bitcoin’s price hovering near $80,000 and testing a key resistance level around $82,000, suggesting that Strategy may be positioning itself to benefit from any breakout while reinforcing its status as a “digital gold” steward. The firm’s aggregate cost basis of $75,540 per BTC also provides a comfortable cushion below current market levels, allowing for strategic flexibility in both accumulation and potential future sales.
Investor sentiment remains mixed but generally optimistic. Pro‑Bitcoin voices such as Samson Mow argue that periodic, well‑timed sales could enhance the company’s balance sheet without destabilizing the broader market, while others like analyst Adam Livingston see the recent acquisition as a signal that Strategy could scale its holdings even further if Bitcoin sustains upward momentum. The blend of equity financing, modest issuance of STRC tokens, and a clear communication strategy has helped MSTR outperform many traditional crypto‑related equities, positioning it as a benchmark for corporate Bitcoin exposure. As the cryptocurrency ecosystem continues to evolve, Strategy’s actions will likely remain a focal point for both institutional investors and retail enthusiasts tracking the interplay between corporate treasury strategies and the price dynamics of the world’s premier digital asset.
