Strategy Buys $43 Million in Bitcoin

Strategy purchased 535 Bitcoin worth approximately $43 million last week, resuming its buying strategy just days after chairman Michael Saylor suggested the company could sell part of its holdings to help fund dividend payments.

According to a Monday filing with the US Securities and Exchange Commission, the company acquired the BTC between May 4 and May 10 at an average price of $80,340 per coin. The latest purchase increased Strategy’s total Bitcoin holdings to 818,869 BTC, acquired for roughly $61.86 billion at an average purchase price of $75,540 per Bitcoin, including fees and related expenses. This marks the company’s first Bitcoin acquisition since April 27, when it purchased 3,273 BTC for $255 million.

Saylor comments spark market discussion

The renewed buying activity followed Strategy’s first-quarter earnings call, during which Saylor said the company would “probably sell some Bitcoin” in order to fund dividend payments and demonstrate that such sales would not destabilize either the company or the broader Bitcoin market.

On Sunday, Saylor hinted that Bitcoin purchases could resume after the previous week’s pause. The new acquisition was financed primarily through share sales. The filing shows that approximately $42.9 million came from sales of the company’s Class A common stock (MSTR), while an additional $100,000 was raised through the issuance of Stretch (STRC) stock.

Strategy shares rise despite investor concerns

Following disclosure of the Bitcoin purchase, Strategy shares moved higher in premarket trading on Monday.

According to data from Yahoo Finance, the stock rose 4.3% to trade above $187.50.

Despite Bitcoin declining roughly 7.2% year-to-date, Strategy shares have gained around 23% during the same period, based on data from TradingView. Even so, some investors remain cautious after Saylor’s comments regarding potential Bitcoin sales. Concerns have centered around the possibility that sales by Strategy could contribute to additional market volatility or trigger broader liquidations.

Others in the industry, however, viewed the proposal differently. Samson Mow suggested that periodic sales could provide Strategy with greater flexibility in managing its market position. Meanwhile, Strategy investor Adam Livingston argued that controlled sales could ultimately help the company finance additional Bitcoin purchases over time.

Sources:

https://assets.contentstack.io/v3/assets/bltf8d808d9b8cebd37/blt7653ead16575975e/6a01462c750c63f12be32cf8/form-8-k_05-11-2026.pdf

https://www.google.com/finance/quote/MSTR:NASDAQ?sa=X&ved=2ahUKEwjp47PLlLGUAxVS0gIHHa9PMBQQ3ecFKAV6BAgsEAY

https://cointelegraph.com/news/strategy-resumes-bitcoin-acquisitions-43m-btc-buy

https://www.tradingview.com/chart/?symbol=BITSTAMP%3ABTCUSD

https://x.com/AdamBLiv/status/2051834111182950719