Strategy Bitcoin treasury expansion represented by BTC reserve ledgers, public-market funding rails, and institutional balance-sheet dashboards.

Strategy Adds Another $2 Billion in Bitcoin, Now Holds 843,738 BTC

May 18, 2026 12:38 pm Comments

Strategy disclosed on May 18 that it acquired 24,869 BTC for approximately $2.01 billion during the week of May 11 through May 17.

The average purchase price came in around $80,985 per bitcoin.

That brings the company’s total position to 843,738 BTC, acquired over time for roughly $63.87 billion at a blended cost basis near $75,700 per coin.

Michael Saylor posted the numbers himself on X shortly after the Form 8-K hit.

The filing is the latest in a long series of weekly or biweekly Bitcoin additions that have turned Strategy into the largest public-company holder of the asset by a wide margin.

According to Strategy, the company’s internal BTC Yield metric stands at 12.6% year to date for 2026.

According to Strategy: Strategy announced a new Bitcoin purchase on May 18, 2026 after filing its Form 8-K. The company acquired 24,869 BTC for approximately $2.01 billion during the May 11 to May 17 period.

The average purchase price was roughly $80,985 per bitcoin, and the company said its BTC Yield stood at 12.6% year to date for 2026. As of May 17, Strategy held 843,738 BTC acquired for about $63.87 billion at an average purchase price near $75,700 per bitcoin.

Those figures make the filing a major Bitcoin-treasury update rather than a routine balance-sheet footnote. The core PCN angle is how Strategy continues to convert capital-market access into more BTC exposure while its total holdings already represent one of the most concentrated corporate positions in any digital asset.

The filing also gives readers exact purchase timing, pricing, and cumulative cost-basis numbers tied directly to the company’s own disclosure. Strategy announced on May 18, 2026 that it acquired 24,869 BTC for approximately $2.01 billion.

The purchase covered the May 11 to May 17, 2026 period.

BTC Yield measures how much Bitcoin per diluted share Strategy is accumulating over time. A 12.6% reading means the company’s BTC-per-share ratio has grown at that pace since January 1.

The funding side of the deal is where the capital-markets story gets interesting. Nearly all of the $2.01 billion came from a single instrument.

As Cointelegraph reported, Strategy funded about 97% of the purchase through sales of its STRC perpetual preferred stock.

According to Cointelegraph: Cointelegraph’s May 18 coverage put Strategy’s new acquisition into the funding context. The story covered the same 24,869 BTC purchase for about $2.01 billion and noted that Strategy bought between May 11 and May 17 at an average price of $80,985.

It also added that Strategy funded nearly all of the latest purchase through sales of STRC perpetual preferred stock, with STRC sales accounting for about 97% of total proceeds. The article placed that beside about $1.95 billion from roughly 19.5 million STRC shares and about $83.7 million from the sale of 430,344 MSTR Class A common shares.

That matters for PCN readers because the purchase is also a capital-markets story: Strategy is still using preferred and common equity channels to add Bitcoin exposure, rather than relying on operating cash flow or a simple treasury surplus. As of May 17, 2026, Strategy held 843,738 BTC.

Strategy said its aggregate Bitcoin purchase price was about $63.87 billion at an average cost basis of about $75,700 per BTC. Strategy said it had achieved BTC Yield of 12.6% year-to-date in 2026.

That reliance on STRC issuance shows Strategy has built a repeatable capital pipeline specifically designed to convert equity-market demand into Bitcoin exposure.

Common-share dilution through MSTR sales was minimal this round, just $83.7 million out of a $2 billion deal.

The average cost on this batch, roughly $81,000, sits above Strategy’s all-time blended basis of $75,700. Saylor has shown repeatedly that he is willing to buy at prevailing market prices rather than wait for drawdowns.

At 843,738 BTC, the position is large enough that each weekly filing reshapes how public markets think about corporate Bitcoin treasuries. No other company is close.

The playbook remains the same: issue equity, buy Bitcoin, file the 8-K, repeat. As long as the capital markets keep absorbing STRC and MSTR offerings, the accumulation shows no sign of slowing down.

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