Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Strategy resumes Bitcoin buying streak with 535 BTC purchase

    May 11, 2026

    Barclays bans credit card crypto buying months after backing bitcoin ETF

    May 11, 2026

    Why is Osmosis (OSMO) crypto price up 200% today?

    May 11, 2026
    X (Twitter) Instagram YouTube LinkedIn
    X (Twitter) Instagram YouTube LinkedIn
    Block Hub News
    • Lithosphere News Releases
    • Crypto
    • Ethereum
    • Bitcoin
      • Litecoin
      • Altcoins
      • Coinbase
    • Blockchain
    Block Hub News
    Home » Strategy resumes Bitcoin buying streak with 535 BTC purchase
    Crypto

    Strategy resumes Bitcoin buying streak with 535 BTC purchase

    James WilsonBy James WilsonMay 11, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link



    Strategy acquired 535 Bitcoin for about $43 million, paying an average price of roughly $80,340 per BTC, Michael Saylor said on Monday. 

    Summary

    • Strategy added 535 BTC, raising its total Bitcoin holdings to 818,869 coins as of May 10.
    • The purchase followed debate after Saylor said limited Bitcoin sales could help fund dividends.
    • Strategy’s Bitcoin plan remains under scrutiny as preferred-share obligations raise fresh funding questions.

    The purchase lifted the company’s total holdings to 818,869 BTC as of May 10, 2026.

    Saylor said Strategy has now spent about $61.86 billion on its Bitcoin position at an average purchase price of about $75,540 per coin. He also said the company has achieved a BTC Yield of 9.4% year to date in 2026.

    Moreover, the update followed Saylor’s May 10 X post, where he wrote, “Back to work, BTC.” The phrase drew market attention because similar posts have often come before Strategy purchase notices.

    Buy follows dividend-sale debate

    The new purchase came days after Saylor drew attention for saying Strategy may sell some Bitcoin to fund dividends. crypto.news reported that Saylor said the company could sell BTC while still remaining a net buyer over time.

    Saylor said, “Even if we were to sell one Bitcoin, we’d be buying 10 to 20 more Bitcoin.” That claim should be treated as Strategy’s own view, as future purchases depend on market prices, financing access, and investor demand.

    Q1 loss added pressure

    The debate started after Strategy reported a $12.54 billion first-quarter net loss. crypto.news reported that the loss was tied to the lower value of the company’s Bitcoin holdings during the quarter.

    The same report said Strategy held 818,334 BTC as of May 3 before the latest purchase. It also noted that preferred stock dividends had raised questions about how the company would fund payouts if Bitcoin failed to rise enough.

    Meanwhile, Strategy’s prior purchase came on April 27, when it bought 3,273 BTC for about $255 million. That deal brought its holdings to 818,334 BTC before the company paused buying ahead of its Q1 call.

    The April purchase was funded through sales of MSTR Class A common stock. At the time, Strategy said it still had $26.47 billion in MSTR shares available under its current program.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    James Wilson

    Related Posts

    Bitget taps $4T AI boom with OpenAI-linked pre-IPO token on Solana

    May 11, 2026

    Bitcoin leads $858M crypto fund inflows as CLARITY Act hopes grow: CoinShares

    May 11, 2026

    Australia considers replacing 50% capital gains tax discount on crypto

    May 11, 2026
    Leave A Reply Cancel Reply

    Demo
    Top Posts

    fewer side events, more AI agents and builder focus

    March 13, 2026

    How AI Certifications Help Professionals Stay Relevant in 2026

    March 14, 2026

    Why FLOW price is up over 50% today after Upbit and Bithumb delisting announcement

    March 14, 2026

    KaJ Labs Unveils Lithic Developer Stack for AI Applications, Games, and Enterprise Systems

    March 14, 2026
    Don't Miss

    Strategy resumes Bitcoin buying streak with 535 BTC purchase

    By James WilsonMay 11, 2026

    Strategy acquired 535 Bitcoin for about $43 million, paying an average price of roughly $80,340…

    Barclays bans credit card crypto buying months after backing bitcoin ETF

    May 11, 2026

    Why is Osmosis (OSMO) crypto price up 200% today?

    May 11, 2026

    Bitget taps $4T AI boom with OpenAI-linked pre-IPO token on Solana

    May 11, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    Strategy resumes Bitcoin buying streak with 535 BTC purchase

    May 11, 2026

    Barclays bans credit card crypto buying months after backing bitcoin ETF

    May 11, 2026

    Why is Osmosis (OSMO) crypto price up 200% today?

    May 11, 2026
    Most Popular

    fewer side events, more AI agents and builder focus

    March 13, 2026

    How AI Certifications Help Professionals Stay Relevant in 2026

    March 14, 2026

    Why FLOW price is up over 50% today after Upbit and Bithumb delisting announcement

    March 14, 2026

    Type above and press Enter to search. Press Esc to cancel.