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Strategy Adds $2 Billion in Bitcoin, Expands Lead as Largest Corporate Holder

Strategy has increased its Bitcoin holdings again after purchasing 24,869 BTC worth about $2.01 billion between May 11 and May 17, further strengthening its position as the world’s largest corporate Bitcoin holder.

The latest acquisition was completed at an average price of $80,985 per Bitcoin, according to the company’s filing with the U.S. Securities and Exchange Commission (SEC). The purchase pushed Strategy’s total holdings to 843,738 BTC.

The company’s co-founder and executive chairman, Michael Saylor, said the firm has spent roughly $63.9 billion, including fees and expenses, to build its Bitcoin reserve at an average cost of $75,700 per BTC.

Strategy’s Bitcoin holdings cross 4% of total supply

Strategy’s Bitcoin treasury is now valued at approximately $65.3 billion, representing more than 4% of Bitcoin’s fixed 21 million supply. At current market prices, the company’s holdings carry around $1.4 billion in unrealized gains.

The latest purchase was funded through proceeds raised from at-the-market (ATM) sales of its Class A stock, MSTR, and its perpetual preferred stock, STRC. Strategy recently expanded the programs by adding up to $21 billion in additional MSTR issuance, another $21 billion for STRC, and $2.1 billion for STRK preferred shares.

Before the purchase announcement, Saylor hinted at a large acquisition by posting Strategy’s Bitcoin tracker on social media alongside the phrase “Big dot energy.”

STRC becomes key Bitcoin funding tool as corporate Bitcoin race continues

STRC has become one of Strategy’s major funding channels for Bitcoin purchases in recent weeks.

The preferred stock offers monthly dividends with an annualized yield of 11.5%, while the company recently proposed moving dividend payments from monthly to twice monthly to improve liquidity and market efficiency. Analysts at K33 recently noted that strong investor demand for STRC may be creating recurring Bitcoin buying pressure around monthly dividend dates.

Data from Bitcoin Treasuries shows 196 public companies have adopted Bitcoin treasury strategies, with 84 currently active. Other major holders include Metaplanet, Coinbase, MARA Holdings and Riot Platforms as corporate Bitcoin accumulation continues across the sector.

 

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