Saylor’s Strategy Reloads With a New Multi-Billion-Dollar Bitcoin Purchase - Cryptocurrency & Blockchain News

Breaking

Post Top Ad

Monday, May 18, 2026

Saylor’s Strategy Reloads With a New Multi-Billion-Dollar Bitcoin Purchase

After several weeks of modest bitcoin acquisitions and even a few missed opportunities, the world’s largest corporate holder of the asset has returned with full force.

 

 

Michael Saylor’s NASDAQ-listed business intelligence software just announced buying 24,869 BTC for a whopping $2.01 billion at an average price of just shy of $81,000 per unit.

This brought its entire stash to a massive 843,738 BTC bought at an average price of $75,700 per bitcoin. Strategy has spent almost $64 billion to accumulate its substantial fortune, which is slightly in the green now, given BTC’s price. The stash is currently worth $65.2 billion.

Recall that the company’s previous BTC purchasewas a lot more modest, spending just $43 million to accumulate 535 units. Moreover, it missed the previous business week, while itannounced a significant $12.5 billion loss for Q1 2026 due to the cryptocurrency’s falling price.

Separately, Strategysaid last week that it plans a major note repurchase of approximately $1.5 billion in aggregate principal amount of the notes. Interestingly, it also left the door open to potential bitcoin sales, as it has been speculated over the past several weeks.

The postSaylor’s Strategy Reloads With a New Multi-Billion-Dollar Bitcoin Purchase appeared first onCryptoPotato.

No comments:

Post a Comment

Post Bottom Ad