Strategy, the largest corporate holder of Bitcoin, has purchased an additional 535 BTC for approximately $43 million, continuing its aggressive Bitcoin accumulation strategy under Executive Chairman Michael Saylor.
The company acquired the Bitcoin at an average price of $80,340 per coin. This brings Strategy’s total Bitcoin holdings to 818,869 BTC, purchased at a blended average cost of $75,540 per Bitcoin.
The total cost basis now stands at roughly $61.86 billion. This purchase comes after CEO Saylor fueled speculation that the company could be preparing for another massive Bitcoin purchase.
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Recall that the company earlier this month, paused its Bitcoin purchases for the first time since 2020. Saylor confirmed the pause, signaling a strategic shift from accumulating Bitcoin by volume to focusing on maximizing returns from each purchase.
Strategy’s Smallest Weekly Purchase of 2026
This week’s acquisition marks Strategy’s smallest weekly Bitcoin purchase so far in 2026, reflecting a deceleration in pace compared to larger buys earlier in the year (such as 3,273 BTC in late April).
Despite the smaller volume, the move underscores Strategy’s commitment to Bitcoin as its primary treasury asset. The company has now bought Bitcoin in 20 consecutive weeks in which purchases occurred.
Notably, the recent Bitcoin purchase, was funded primarily through the sale of 231,324 shares of Class A common stock (MSTR) under its at-the-market (ATM) program, generating about $42.9–43 million in proceeds.
A small portion (roughly 1.24 BTC worth) came from its STRC preferred stock vehicle.
In a wide-ranging interview with CoinDesk’s James Van Straten at Consensus Miami 2026, Saylor reaffirmed the company’s unwavering commitment to Bitcoin as its core treasury asset, addressing recent market concerns while highlighting its evolution into a sophisticated capital markets powerhouse.
One of the key topics was Strategy’s earnings call revelation that it could sell Bitcoin to fund dividend obligations, a statement that spooked some investors. Saylor dismissed the idea as economically insignificant.
“If we were to fund all of our dividends exclusively by selling bitcoin over the next year, we would buy 20 bitcoin for every one we sold,” he explained. “So it’s no different than buying 20 bitcoin and selling no bitcoin.”
He noted that the actual BTC sold for dividends would represent a tiny fraction of daily market liquidity on the order of $3 million rendering the impact “immeasurable” and “inconsequential.”
Also, addressed the criticism that Strategy always buys the weekly high in Bitcoin. He called it an ignorant criticism, explaining that equity swaps and capital raises are timed to periods when the MSTR premium to its Bitcoin holdings is widest precisely when both Bitcoin and the stock rally strongly.
This approach, he argued, generates risk-free yield for shareholders by swapping equity at peak premiums for more Bitcoin exposure.
Outlook
The announcement follows Saylor’s recent comments outlining potential limited Bitcoin sales to support dividends or repay convertible debt. However, he emphasized that Strategy remains a net accumulator, planning to purchase 10–20 BTC for every one potentially sold.
Year-to-date, Strategy reports a Bitcoin Yield of 9.4% in 2026, highlighting the performance of its Bitcoin-per-share growth strategy.
As of the latest data, Bitcoin is trading near $81,000, giving Strategy’s holdings a market value exceeding $66 billion, a substantial unrealized gain over its cost basis.
Strategy continues to lead corporate Bitcoin treasuries by a wide margin, holding an estimated 4% of Bitcoin’s circulating supply.
Its approach, raising capital through equity and debt offerings to acquire and hold Bitcoin long-term has made MSTR stock a popular proxy for Bitcoin exposure among investors.