Michael Saylor’s Strategy added 24,869 Bitcoin last week for about $2.01 billion, extending its role as one of the largest corporate holders of the digital asset. The company bought the Bitcoin at an average price of $80,985 per coin, including fees and expenses, according to a regulatory filing.
The latest purchase lifted Strategy’s total Bitcoin holdings to 843,738 BTC as of May 17, 2026. The company said its aggregate purchase cost now stands at about $63.87 billion, equal to an average price of $75,700 per Bitcoin.
Strategy also reported a BTC Yield of 12.6% year to date in 2026. The metric is used by the company to measure Bitcoin growth relative to its diluted share base.
Strategy Funds Bitcoin Purchase Through ATM Sales
The company said the acquisition was funded through proceeds from its at-the-market offering programs. Between May 11 and May 17, Strategy sold 19.95 million shares of STRC preferred stock, generating about $1.95 billion in net proceeds.
During the same period, it also sold 430,344 shares of MSTR Class A common stock, raising about $83.7 million. Total net proceeds from the share sales reached about $2.03 billion, which was used to fund the Bitcoin purchase.
Strategy still has a large remaining capacity under its ATM programs. The company reported available issuance of $26.3 billion for MSTR stock, $17.5 billion for STRC, $4.0 billion for STRD, $2.1 billion for STRK, and $1.6 billion for STRF.
As we reported, Michael Saylor’s Strategy may purchase about $30 billion worth of Bitcoin in 2026 if it continues buying at its current pace, according to analysts at JPMorgan.
MSTR Stock Falls as Balance Sheet Moves Continue
MSTR stock was trading at $172.65, down 7.66%, after the company disclosed its latest Bitcoin purchase and financing activity. The stock continues to trade closely with Bitcoin price movements because of Strategy’s large crypto treasury.
Concurrently, amid its Bitcoin buying spree, BlackRock has increased its position in Strategy during the first quarter of 2026, according to Bitcoin Treasuries data. The asset manager acquired an additional 3.14 million MSTR shares at a cost of about $535.6 million.
The purchase raised BlackRock’s reported stake to 17.75 million MSTR shares, valued at about $3.02 billion. The latest addition represented a 21.5% increase in its holdings of the Bitcoin-focused company.
At press time, Bitcoin was trading near $76,600, which was below Strategy’s latest purchase price of $80,985 per BTC, but above the company’s overall average acquisition price of $75,700.
Strategy’s equity issuance has become a core part of its Bitcoin accumulation plan. The company has used common stock, preferred stock, and other securities to raise capital for additional Bitcoin purchases. This approach has kept investor attention on dilution, Bitcoin price volatility, and treasury growth.
Meanwhile, as we reported, the company has also disclosed plans to repurchase about $1.5 billion in principal amount of its 0% Convertible Senior Notes due 2029 for an estimated $1.38 billion in cash.
