Hassan Maishera
TL;DR
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Strategy bought another 535 BTC for $43 million, bringing its total holdings to 818,869 BTC worth roughly $66.5 billion.
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The company now controls more than 3.9% of Bitcoin’s total supply and continues funding purchases through stock sales and preferred share offerings.
Strategy Adds $43 million to Bitcoin Treasury
Bitcoin treasury company Strategy acquired an additional 535 BTC for approximately $43 million between May 4 and May 10, according to a Monday 8-K filing with the Securities and Exchange Commission.
The firm paid an average price of $80,340 per bitcoin for the latest purchase. The acquisition lifts Strategy’s total bitcoin holdings to 818,869 BTC, valued at roughly $66.5 billion at current prices.
The company’s average purchase price across all holdings now stands at $75,540 per bitcoin, with a total acquisition cost of around $61.9 billion, including fees and expenses, according to co-founder and executive chairman Michael Saylor.
Strategy’s bitcoin reserves now represent more than 3.9% of bitcoin’s fixed 21 million supply cap, translating into an estimated $4.6 billion in unrealized gains.
The latest bitcoin purchases were financed through at-the-market (ATM) sales of Strategy’s Class A common stock, MSTR, and its perpetual Stretch preferred stock, STRC.
During the week, Strategy sold 231,324 MSTR shares for approximately $42.9 million. The company said it still has $26.35 billion worth of MSTR shares available for future issuance and sale under the program.
Strategy also sold 1,412 STRC shares for around $0.1 million, leaving $19.46 billion in remaining issuance capacity under that offering.
The company’s broader financing structure includes separate ATM programs tied to its STRK, STRC, STRF, and STRD perpetual preferred stocks, with capacities of $21 billion, $4.2 billion, $2.1 billion, and $4.2 billion, respectively.
These programs operate alongside Strategy’s “42/42” capital plan, which targets raising a total of $84 billion through equity offerings and convertible notes by 2027 to support additional bitcoin purchases.
Saylor Resumes Weekly Buying After a Brief Pause
Ahead of the filing, Michael Saylor hinted at the latest acquisition in his usual Sunday social media update, posting the company’s bitcoin tracker alongside the message: “Back to work.”
Back to work. $BTC pic.twitter.com/HLbBv5Sbbx
— Michael Saylor (@saylor) May 10, 2026
The purchase follows a temporary pause in weekly buying activity ahead of Strategy’s first-quarter earnings release.
Strategy reported a $12.5 billion net loss in Q1, largely driven by a $14.5 billion unrealized markdown tied to its bitcoin holdings. Despite the loss, executives highlighted growing investor demand for STRC preferred shares as a key positive development.
STRC, a variable-rate cumulative preferred stock offering monthly dividends, has increasingly become one of the company’s primary funding tools for bitcoin acquisitions.
The instrument features adjustable dividend rates designed to keep the shares trading near their $100 par value. STRC currently offers an annualized yield of 11.5%.
Strategy recently proposed changing STRC’s dividend schedule from monthly to twice monthly, arguing the adjustment could improve liquidity, reduce reinvestment lag, and support greater price stability.
