MSTR Shares Climb 5% as Strategy Resumes Bitcoin Buying, Acquiring 535 BTC

TLDR

(SeaPRwire) –  

• Strategy acquired 535 BTC for approximately $43 million between May 4 and May 10.
• The most recent Bitcoin purchase was executed at an average price of $80,340 per BTC.
• Strategy’s current holdings amount to 818,869 BTC, acquired for roughly $61.86 billion.
• Michael Saylor stated that Strategy has achieved a 9.4% BTC Yield for the year 2026.
• On May 11, MSTR was trading around $189.62, marking a 5.44% increase during the trading session.

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Strategy’s stock experienced a rise of over 5% on May 11, following confirmation from Michael Saylor that the company had resumed Bitcoin purchases after a one-week hiatus coinciding with its first-quarter earnings report.

The company, previously known as MicroStrategy, purchased 535 Bitcoin for approximately $43 million between May 4 and May 10, as indicated in a filing with the U.S. Securities and Exchange Commission. This latest acquisition was made at an average price of about $80,340 per Bitcoin.

Saylor announced via an X post that Strategy now holds 818,869 BTC. The company secured these holdings for approximately $61.86 billion, with an average purchase price of roughly $75,540 per Bitcoin, inclusive of fees and expenses.

Strategy has acquired 535 BTC for ~$43.0 million at ~$80,340 per bitcoin and has achieved BTC Yield of 9.4% YTD 2026. As of 5/10/2026, we hodl 818,869 $BTC acquired for ~$61.86 billion at ~$75,540 per bitcoin. $MSTR $STRC https://t.co/qScHXi2BBJ

— Michael Saylor (@saylor) May 11, 2026

Based on current market valuations, Strategy’s Bitcoin holdings are estimated to be worth around $66.5 billion. This position constitutes over 3.9% of Bitcoin’s total supply cap of 21 million.

MSTR shares were trading near $189.62 on May 11, showing an increase of $9.78, or 5.44%, as investors responded to the renewed buying activity and Saylor’s recent statements regarding the company’s Bitcoin strategy.

Strategy Resumes Bitcoin Accumulation

The most recent purchase occurred after a week-long interruption in Strategy’s consistent Bitcoin buying schedule. Saylor had previously posted “No buys this week” prior to the company’s first-quarter earnings release, and subsequently posted “Back to work” on May 10, accompanied by the company’s Bitcoin holdings tracker.

Strategy frequently announces Bitcoin acquisitions subsequent to Saylor’s updates on the company’s acquisition chart. The latest filing confirmed that purchasing had recommenced shortly after the conclusion of the earnings period.

The company reported a year-to-date BTC Yield of 9.4% for 2026. Strategy employs BTC Yield as a corporate metric to monitor fluctuations in Bitcoin holdings relative to diluted shares outstanding.

Strategy has continued to position Bitcoin as its primary treasury reserve asset. The company’s Bitcoin per share also saw an increase of approximately 18% year over year, reaching 213,371 satoshis, according to data cited in recent reports.

MSTR and STRC Fund Latest Purchase

Strategy financed its latest Bitcoin acquisition through the proceeds generated from at-the-market sales of its Class A common stock, MSTR, and its Stretch perpetual preferred stock, STRC.

The company has broadened its capital-raising instruments to facilitate ongoing Bitcoin accumulation. Its preferred stock programs encompass STRK, STRC, STRF, and STRD, each with distinct at-the-market issuance plans.

These programs operate in conjunction with Strategy’s overarching “42/42” plan, which aims to raise a total of $84 billion through equity offerings and convertible notes by 2027. The company recently enhanced its ATM programs to include an additional $21 billion of MSTR, $21 billion of STRC, and $2.1 billion of STRK.

STRC has become a more significant component of the company’s financing structure. This variable-rate perpetual preferred stock offers monthly dividends and is designed to trade close to a $100 par value. It currently provides an annualized rate of approximately 11.5%.

Strategy has put forth a proposal to change STRC dividend payments from once a month to twice a month. The company stated that this adjustment could enhance liquidity management, reduce reinvestment delays, and support price stability.

Saylor Clarifies Bitcoin Sale Comments

The resumption of purchases followed Saylor’s clarification of remarks suggesting that Strategy might sell minor amounts of Bitcoin in the future to help cover STRC dividend obligations.

During the company’s first-quarter earnings call, Saylor indicated that Strategy could sell some Bitcoin to fund dividends and demonstrate to the market that the company can utilize its BTC reserves when necessary. This statement attracted attention due to Saylor’s long-standing association with the principle of “never sell your Bitcoin.”

Over the weekend, Saylor clarified that any Bitcoin sales would be limited in scope and linked to capital management. He emphasized that Strategy would continue to be a net accumulator of Bitcoin, acquiring substantially more BTC than it sells.

“In these periods, even if we were to sell one Bitcoin, we’d be buying 10 to 20 more Bitcoin,” Saylor stated in a podcast interview.

Strategy reported a net loss of $12.5 billion in the first quarter, primarily attributed to an unrealized markdown of $14.5 billion on its Bitcoin holdings. Management highlighted the demand for its preferred shares and continued access to financing as crucial elements of its treasury strategy.

JPMorgan analysts projected last week that Strategy’s Bitcoin purchases could reach approximately $30 billion in 2026 if the company maintains its current buying pace. This figure would surpass the roughly $22 billion purchased in both 2024 and 2025.