Trending Now - Strategy Expands Bitcoin Holdings by 24,869 in $2B Purchase

WHO:

Bitcoinist - Strategy is a treasury company co-founded by Michael Saylor.

Cointelegraph - Michael Saylor is the co-founder and chairman of Strategy.

WHAT:

NewsBTC - Strategy's latest reported Bitcoin reserve shows it controls about 4.02% of Bitcoin’s fixed 21 million supply.

NewsBTC - Strategy needs to add about 18.5% more Bitcoin to cross the 1,000,000 BTC threshold.

NewsBTC - Strategy held 818,334 BTC as of May 3, 2026, representing 22% growth year-to-date.

NewsBTC - Strategy raised $11.68 billion year-to-date as of May 3, 2026.

NewsBTC - Strategy's Bitcoin year-to-date yield is 12.6%.

NewsBTC - Strategy agreed to repurchase a $1.50 billion principal amount of its 0% convertible senior notes due 2029 for an estimated cash price of about $1.38 billion.

Bitcoinist - Strategy acquired 24,869 Bitcoin for more than $2 billion.

Cointelegraph - The acquisition cost $2.01 billion and increased Strategy's total Bitcoin holdings to 843,738 BTC.

Techmeme - The average price paid for the Bitcoin was $80,985.

WHERE:

Techmeme - The Bitcoin acquisition occurred in the context of the cryptocurrency market.

WHEN:

Techmeme - The purchase of Bitcoin took place from May 11 to May 17.

WHY:

Cointelegraph - Approximately 97% of the acquisition was funded by sales of STRC.

HOW:

Techmeme - The acquisition was executed through market transactions at an average price.

(UPDATED May 19, 2026 19:35 UTC)

Strategy's latest Bitcoin reserve report reveals that it currently controls approximately 4.02% of Bitcoin's total supply, which is capped at 21 million. As of May 3, 2026, Strategy held 818,334 BTC, reflecting a year-to-date growth of 22%, and it needs to acquire about 18.5% more Bitcoin to surpass the one million BTC mark. Additionally, Strategy has raised $11.68 billion so far this year and has agreed to repurchase $1.50 billion in convertible senior notes due in 2029 for an estimated cash price of around $1.38 billion.

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(UPDATED May 19, 2026 11:54 UTC)

Strategy, a treasury company co-founded by Michael Saylor, has made headlines by acquiring 24,869 Bitcoin for a staggering $2.01 billion, which boosts their total holdings to 843,738 BTC. The purchase, executed through market transactions at an average price of $80,985 per Bitcoin, took place between May 11 and May 17, with about 97% of the funding coming from sales of STRC. This significant move highlights Strategy's ongoing commitment to expanding its presence in the cryptocurrency market.