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Strategy Buys 24,869 BTC for $2.01 Billion, Holdings Reach 843,738

Strategy Inc. disclosed its largest weekly Bitcoin purchase of 2026 on May 18, acquiring 24,869 BTC for $2.01 billion at an average price of roughly $80,985. This lifted total holdings to 843,738 BTC with an average cost basis near $75,700. The move follows smaller buys of 535 BTC in early May and was funded primarily through the STRC preferred-stock ATM program, which has generated over $2 billion in proceeds. Despite earlier market speculation around potential sales, the company continues its net-buyer stance and quarterly accumulation plan. Bitcoin traded near $77,000 at the time of the announcement.

Category

Bitcoin

Sentiment

Neutral

Event

Institutional flow

Reading time

1 min