Strategy acquires 24,869 Bitcoin for 2 billion dollars

Michael Saylor is not slowing down. While some expected a pause, or even sales, Strategy has just signed one of its most massive bitcoin purchases of the year. Behind the numbers lies an increasingly ambitious… and increasingly controversial financial mechanism.

A record acquisition, financed by a well-oiled mechanism

Strategy continues to set the pace for the crypto market. According to a document submitted to the SEC, Michael Saylor’s company bought 24,869 bitcoins between May 11 and May 17, 2026, for a total amount of 2.01 billion dollars. The average acquisition price reaches about 80,985 dollars per BTC.

With this new operation, the company now holds 843,738 BTC, purchased for nearly 63.9 billion dollars. At current market prices, this reserve is already worth more than 65 billion dollars. No other publicly traded group has such massive exposure to bitcoin.

This accumulation even surpasses the holdings of asset management giant BlackRock, which holds around 817,000 BTC through its investment products. This detail illustrates a major shift: Strategy no longer looks like a simple tech company but a true financial holding built around Bitcoin.

The most striking remains the financing method used. About 97% of this acquisition comes from STRC securities sales, a hybrid product that mixes yield and indirect bitcoin exposure. Strategy thus raised nearly 1.95 billion dollars thanks to this structure.

Michael Saylor is refining a strategy that has become unique on Wall Street: gradually turning the American financial markets into a permanent BTC buying engine. Bonds, hybrid stocks, and yield products now serve a single goal: to accumulate more bitcoin ahead of other companies.

An increasingly powerful Bitcoin empire… but also riskier

This operation comes in a particular context. A few days earlier, Strategy already announced the repurchase of 1.5 billion dollars of convertible debt due in 2029. This restructuring aims to gradually lighten the burden of future repayments while preserving the capacity to buy BTC.

Meanwhile, Michael Saylor recently hinted that a partial sale of bitcoins could, in the long run, become acceptable in certain strategic situations. A statement that surprised part of the crypto community, used to the “never sell” discourse.

However, the market seems to continue following Strategy. Each of Saylor’s posts on social media now triggers speculation about a new purchase. His recent message ” “₿ig Dot Energy” ” immediately reignited investors’ expectations.

But this mechanism also begins to draw criticism. Some observers believe that Strategy depends increasingly on retail investors’ enthusiasm to finance its expansion. The STRC product, held mostly by retail investors, is gradually becoming the financial backbone of the group.

The risk remains obvious: a strong bitcoin correction could weaken this extremely aggressive model. The more BTC Strategy accumulates, the more sensitive the company becomes to crypto market volatility.

Strategy now controls nearly 4% of the total circulating bitcoin supply, a figure unmatched among listed companies. The model is aggressive, the debt real, the risks well present. However, as long as bitcoin holds its levels, Michael Saylor continues to set the pace on Wall Street. And each acquisition further strengthens the idea that Bitcoin is here to stay at the heart of global finance.