Michael Saylor's Strategy (formerly MicroStrategy) has once again bolstered its Bitcoin treasury. According to market estimates, on May 13, 2026, the company used proceeds from its newly issued STRC perpetual preferred stock to acquire approximately 2,110 Bitcoin. If confirmed, Strategy's total holdings would reach roughly 820,979 BTC, worth over $66 billion at current prices.
STRC Fundraising: $206 Million Raised
The purchase was funded by the STRC preferred stock, which carries an annual dividend of 11.5%. On May 11, Strategy disclosed that it had raised $206 million by selling 2.12 million shares of STRC at a price close to its $100 par value. On that day, the stock saw nearly $445 million in daily trading volume.
The STRC instrument is designed to fund Bitcoin acquisitions without diluting common equity holders. The stock's return to par value allows the company to issue additional shares under its at-the-market (ATM) program.
Saylor's Controversial Remarks and Reaffirmation
The latest purchase comes amid public debate over Saylor's recent comments suggesting Strategy might sell Bitcoin to pay dividends — a departure from his long-time 'never sell' stance. He later clarified that the statement was intended to confuse short sellers. Since then, management has reiterated that Strategy will remain a net buyer, targeting to purchase 10 to 20 BTC for every 1 coin sold.
Relentless Accumulation in 2026
Strategy's Bitcoin buying in 2026 has been non-stop. In January, the company bought $116 million worth of BTC. In April, it added 13,927 BTC for $1 billion, followed by a massive 34,164 BTC purchase for $2.54 billion later that month. As of late April, the firm reported a year-to-date BTC yield of 9.6%.
With roughly 4% of the total 21 million Bitcoin supply under its control, Strategy's aggressive accumulation — funded by structured financial tools like STRC — has become a blueprint that other publicly listed companies are studying and, in some cases, beginning to emulate.