Breaking: Michael Saylor Announces Another $2 Billion Bitcoin Buy For Strategy
Highlights
- Michael Saylor's Strategy has bought a huge stash of Bitcoin this week.
- Saylor revealed that the company has poured an additional $2 billion to buy more BTC.
- Now, the firm holds 843,738 BTC, which is close to 4% of the entire Bitcoin supply.
Michael Saylor has announced yet another Bitcoin purchase for Strategy. In the latest acquisition, the BTC treasury firm bought Bitcoin worth more than a whopping $2 billion.
Michael Saylor Reveals Another Bitcoin Acquisition
According to Michael Saylor’s latest post on X on Monday, May 18, Strategy acquired 24,869 BTC. This reserve was stacked for around $2.01 billion. Moreover, the purchase was made at an average price of $80,985 per Bitcoin.
Further, the company has achieved BTC Yield of 12.6% YTD 2026, which indeed marks a remarkable feat. As of May 17, Michael Saylor noted that the company is HODLing 843,738 BTC. This stash was acquired for a cost basis of $63.87 billion at $75,700 per BTC.
At press time, the BTC price hovered around $77,200 on Monday. Although the value is much lesser than Strategy’s acquisition cost for the latest purchase, it is substantially higher than the average price for its entire Bitcoin reserve.
Earlier, last Monday, the firm acquired $43 million worth of BTC. Hence, the latest buy signals a massive 47x increase in the value of BTC bought.
STRC Proceeds In Spotlight
This surge in BTC acquisition could be attributed to the recent STRC inflows. As CoinGape reported previously, Strategy has been continuing to raise new capital to back its Bitcoin buying spree.
The company has recently raised over $2 billion in just four sessions of its STRC at-the-market offering last week. Analysts noted that it could lead to the purchase of over 25,000 BTC, per Bitcoin price trends last week. This assumption seems to have come true with Monday’s announcement.
Moreover, Michael Saylor earlier hinted at such a move with the popular ‘Orange Dots’ post on X. For context, the Orange Dots on the chart he posted indicate the number of times Strategy acquired BTC. It usually signals at additional acquisitions are on the way.
However, the MSTR stock continued dropping with a 2.51% drop to $172.97 in the premarket session today. Nonetheless, it’s worth noting that amid this dip, BlackRock revealed buying another $535 million in MSTR shares.
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