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Strategy buys 24,869 BTC for $2.01B, boosting its Bitcoin holdings above BlackRock's 817,000 BTC.

Market News
18 May 2026
Blockonomi
View Source
Neutral
pluang ai news

Strategy acquired 24,869 Bitcoin for about $2.01 billion at an average price of $80,985 per coin between May 11-17, 2026. This purchase raised its total Bitcoin holdings to 843,738 BTC, surpassing BlackRock's estimated 817,000 BTC managed via ETFs. The acquisition was mainly funded through the sale of STRC perpetual preferred stock, generating $1.95 billion, with a smaller portion from common stock sales. Despite a recent dip in Bitcoin price, Strategy's Bitcoin reserves hold an unrealized profit, and the company continues its accumulation strategy, although its CEO hinted at possible future sales to preserve value.

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