The latest bitcoin purchase was funded with proceeds from STRC, the company’s 11.5% annual yield perpetual preferred stock, which Strategy uses to raise capital for bitcoin purchases without diluting common stockholders at the same rate. The stock recently returned to its $100 par value, a key threshold that reopened the door for fresh issuance under the company’s at-the-money program.
On May 11, Strategy disclosed it had raised $206 million through the STRC program by selling 2.12 million shares, with the stock recording nearly $445 million in daily trading volume on that day.
As Bitcoin.com News reported Monday, Strategy had already purchased 535 bitcoin for $43 million the previous week at an average price of $80,340 per coin. That brought total holdings to 818,869 BTC. If today’s estimated purchase of 2,110 BTC is confirmed, Strategy’s total would rise to approximately 820,979 bitcoin.
The purchase comes as Saylor has been navigating some public controversy, given that he very recently appeared to signal that Strategy might sell bitcoin to fund dividends, a departure from his long-running “never sell” position. He later clarified the remarks were intended to confuse short-sellers. Executives have since reaffirmed that Strategy will remain a net buyer, targeting 10 to 20 BTC purchased for every coin sold.
Strategy’s buying has been relentless in 2026. The firm opened the year by buying $116 million in BTC in January, added 13,927 bitcoin for $1 billion in April, and then purchased 34,164 BTC for $2.54 billion later the same month. The company subsequently disclosed a BTC yield of 9.6% year-to-date late last month.
Strategy now controls roughly 4% of bitcoin’s fixed supply of 21 million coins, and its pace of accumulation and the use of structured financial instruments like STRC to fund purchases has become a playbook that other publicly traded companies are studying (and in some cases, already beginning to imitate).
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