Michael Saylor’s company increased its Bitcoin holdings by 24,869 BTC last week, with a total value of approximately $2.01 billion, further solidifying its position as one of the largest corporate Bitcoin holders globally. According to regulatory filings, the company acquired these Bitcoin at an average price of $80,985 per BTC, including fees and expenses.
Latest purchase as of May 17, 2026, increased the total number of bitcoins held by Strategy to 843,738. The company stated that its total purchase cost is now approximately $63.87 billion, equivalent to an average price of $75,700 per bitcoin.
The strategy also predicts that Bitcoin's yield will reach 12.6% by 2026. The company uses this metric to measure Bitcoin's growth relative to its diluted equity.
The strategy fund purchases Bitcoin through ATM sales.
The company stated that the funding for this acquisition came from the proceeds of its market issuance program. Between May 11 and 17, Strategy sold 19.95 million shares of STRC preferred stock, generating net proceeds of approximately $1.95 billion.
At the same time, the company also sold 430,344 shares of MSTR Class A common stock, raising approximately $837 million. The net proceeds from the stock sales totaled approximately $2.03 billion, to be used to fund …bitcoin purchases.
Strategy has significant remaining issuance capacity under its ATM program. The company reported available issuance amounts of $26.3 billion for MSTR, $17.5 billion for STRC, $4 billion for STRD, $2.1 billion for STRK, and $1.6 billion for STRF.
As we reported, Michael Saylor’s strategy could buy $30 billion in market capitalization by 2026, according to JPMorgan analysts, if Bitcoin continues purchasing at its current pace.
As balance sheet changes continue, MSTR's stock price declines.
MSTR stock is trading at $172.65, down 7.66%, after the company disclosed its latest Bitcoin purchases and financing activities. Due to Strategy’s substantial cryptocurrency reserves, the stock continues to closely follow Bitcoin’s price movements.
Meanwhile, as BlackRock aggressively buys Bitcoin, the company also increases its strategic position, according to Bitcoin Treasury data, which will remain unchanged in the first quarter of 2026. The asset management firm increased its holdings of MSTR shares by approximately 3.14 million shares at a cost of about $535.6 million.
This acquisition increases BlackRock's stake in MSTR to 17.75 million shares, valued at approximately $3.02 billion. This increase raises its ownership percentage in the bitcoin-focused company by 21.5%.
As of press time, Bitcoin is trading near $76,600, below Strategy’s recent purchase price of $80,985 per Bitcoin but above the company’s overall average acquisition price of $75,700.
The issuance of shares by Strategy has become a core component of its Bitcoin accumulation plan. The company raises funds through common stock, preferred stock, and other securities to purchase additional Bitcoin. This approach keeps investors focused on issues such as equity dilution, Bitcoin price volatility, and the appreciation of the company’s assets.
Meanwhile, as reported in the report, the company also disclosed plans to repurchase approximately $1.5 billion in principal amount of its 0% convertible senior notes due 2029, with an expected cash outlay of $1.38 billion.