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Strategy Adds 535 BTC to Resume Buying Spree

Strategy Adds 535 BTC to Resume Buying Spree

Strategy has resumed its Bitcoin purchasing momentum with the acquisition of 535 coins valued at roughly $43 million. According to Michael Saylor, the average price paid for each Bitcoin was about $80,340. This latest move brings the firm’s total Bitcoin stash to 818,869 BTC as of May 10, 2026.

Saylor disclosed that Strategy has invested around $61.86 billion in Bitcoin overall, with an average cost basis of approximately $75,540 per coin. He also highlighted that the company has achieved a BTC Yield of 9.4% year to date in 2026.

The purchase was preceded by Saylor’s cryptic social media post on May 10, where he stated, “Back to work, BTC.” Market participants often interpret such messages as precursors to Bitcoin buys.

This transaction came on the heels of a debate sparked by Saylor’s earlier comments that Strategy might sell a small portion of its Bitcoin reserves to fund dividends. He argued that even if the company sells one Bitcoin, it could buy 10 to 20 more, emphasizing a net buying strategy. However, such outcomes depend on market conditions and financing availability.

The company recently reported a staggering $12.54 billion net loss for the first quarter, attributed to the declining value of its Bitcoin holdings. This financial pressure has raised questions about the sustainability of its dividend obligations linked to preferred stock.

Prior to this purchase, Strategy had acquired 3,273 BTC for about $255 million on April 27, funded through sales of MSTR Class A common stock. At that time, the company indicated it had $26.47 billion worth of shares remaining under its stock sale program.

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