Strategy, the bitcoin-focused company associated with Michael Saylor, is estimated to have acquired roughly 2,110 BTC on May 13, using fresh capital raised through its STRC perpetual preferred stock program. If the purchase is confirmed, the company’s total bitcoin holdings would rise to approximately 820,979 BTC, extending its lead as one of the largest corporate holders of the digital asset.
STRC emerges as the latest funding channel
The reported purchase was financed through STRC, a perpetual preferred stock instrument that carries an 11.5% annual yield. According to the source material, Strategy has been using STRC as a way to raise capital for bitcoin purchases without diluting common shareholders at the same pace as a traditional equity offering. The mechanism became especially relevant after the stock recently returned to its $100 par value, a level that reopened the company’s ability to issue additional shares under its at-the-market program.
On May 11, Strategy disclosed that it had raised $206 million by selling 2.12 million STRC shares. Trading activity in the preferred stock was also notable, with the source reporting nearly $445 million in daily volume on that day. Those proceeds appear to have provided the firepower for the latest estimated bitcoin purchase.
This would not be Strategy’s first acquisition in close succession. The company had already purchased 535 BTC for $43 million in the previous week, at an average price of $80,340 per coin, bringing total holdings at that point to 818,869 BTC. Adding the newly estimated 2,110 BTC would lift the cumulative stash to around 820,979 BTC.
Public debate around Saylor’s comments
The timing of the reported acquisition is significant because it follows a brief period of market debate over Michael Saylor’s public remarks. The original material says Saylor recently appeared to suggest that Strategy might sell bitcoin to help fund dividends, a statement that seemed to contrast with his long-standing “never sell” stance. He later clarified that the comments were intended to confuse short-sellers rather than signal a strategic shift.
Following that episode, company executives reiterated that Strategy intends to remain a net buyer of bitcoin. The stated target, according to the source, is to purchase 10 to 20 BTC for every 1 BTC sold. That framework suggests the firm still sees divestment, if any occurs, as tactical rather than a reversal of its broader treasury strategy.
Aggressive accumulation throughout 2026
Strategy’s pace of accumulation in 2026 has remained intense. The company began the year by buying $116 million worth of BTC in January. In April, it added 13,927 BTC for $1 billion, and later in the same month it disclosed another purchase of 34,164 BTC for $2.54 billion. Late last month, Strategy also reported a 9.6% BTC yield year-to-date, underscoring how central bitcoin accumulation remains to the company’s operating narrative and investor positioning.
These purchases are more than isolated treasury decisions. Together, they show a repeatable capital-markets strategy in which Strategy raises funds through structured instruments and channels the proceeds into bitcoin. STRC is the latest example of that model in action, joining the firm’s broader toolkit for turning investor demand into additional BTC exposure.
Strategy’s influence on the corporate bitcoin playbook
Based on the figures cited in the source material, Strategy now controls roughly 4% of bitcoin’s fixed 21 million supply. That level of ownership is extraordinary for a public company and highlights how aggressively the firm has pursued its bitcoin-first balance sheet strategy. It also helps explain why each new financing round and estimated purchase draws such close attention from both crypto investors and traditional capital markets participants.
The company’s approach is increasingly being watched as a template for other publicly traded firms. By combining market-based fundraising with a clear bitcoin accumulation thesis, Strategy has created a structure that some corporate treasuries are studying and, in some cases, beginning to imitate. Whether that model proves durable across different market conditions remains an open question, but Strategy’s latest estimated purchase shows that the company is still committed to scaling its exposure.
For now, the headline number remains the same: an estimated 2,110 BTC acquired with fresh STRC proceeds, potentially taking Strategy’s total holdings close to 821,000 BTC. In a market where corporate accumulation has become a closely tracked signal, that would mark yet another major step in Strategy’s ongoing effort to expand its bitcoin reserves.