Strategy buys 535 bitcoin for $43 million days after signaling potential BTC sales

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strategy buys 535 bitcoin for $43 million days after signaling potential BTC sales Last week's purchases were funded by sales of the company's common stock. By James Van Straten | Edited by Sheldon Reback May 11, 2026, 12:17 p.m. 1 min read Make preferred on What to know : Strategy purchased 535 bitcoin for about $43 million last week at an average price of $80,340 per coin. The company has spent roughly $61.8 billion on its bitcoin at an average cost of $75,540 per coin. MSTR shares rose 1% pre-market trading. Disclosure: The author of this story owns shares in Strategy (MSTR). Michael Saylor, the executive chairman of Strategy (MSTR), the largest publicly traded corporate holder of bitcoin BTC $ 81,002.49 , announced Monday on X the purchase of 535 bitcoin for roughly $43 million at an average price of about $80,340 per coin The purchases bring the company’s total holdings to 818,869 BTC, acquired for $61.86 billion at an average cost basis of $75,540. With bitcoin currently trading above $81,000, Strategy's stash is currently in profit. Last week’s purchases were funded by $42.9 million raised through sales of the company’s preferred stock, according to a May 11 SEC filing . This purchase follows Strategy’s first-quarter earnings call, where the company said it was prepared to sell bitcoin to repay convertible debt or fund dividend obligations, provided the move remains accretive on a bitcoin-per-share basis. MSTR shares rose more than 1% in pre-market trading. Bitcoin News MicroStrategy More For You Michael Saylor’s latest tax strategy echoes Strategy’s 2022 bitcoin sale By James Van Straten | Edited by Oliver Knight 1 hour ago Michael Saylor confirmed the company was prepared to sell bitcoin, reviving a tax loss harvesting strategy first used in 2022. What to know : Strategy previously sold 704 BTC in December 2022 to realize tax losses before quickly rebuying 810 bitcoin, two days later, a move designed to offset prior capital gains and secure tax benefits. With bitcoin down 23% in Q1 2026, Strategy recorded a $12.54 billion unrealized loss and built a $2.2... Read full story Latest Crypto News Ronin set to transition to Ethereum layer 2 from independent sidechain 6 minutes ago Bitcoin funds capture $700 million as institutions place their bets 1 hour ago Michael Saylor’s latest tax strategy echoes Strategy’s 2022 bitcoin sale 1 hour ago Trump fans put millions of dollars into a gold phone and a memecoin. Neither has gone well 1 hour ago Circle raises $222 million for Arc, beats Q1 earnings estimates but misses on revenue 1 hour ago Bitcoin whipsaws on CME open as Iran tensions pressure crypto markets 1 hour ago Top Stories Canton Network’s Digital Asset targets $2 billion valuation in a16z crypto-led raise: Bloomberg 2 hours ago A bitcoin whale that went silent in 2013 moves $40 million in BTC 8 hours ago Crypto industry cheers Senate Clarity Act markup date as market structure push resumes May 9, 2026 BlackRock deepens tokenization push with new onchain fund offerings May 9, 2026 MARA expected to post Q1 losses as investors look ahead to AI growth strategy 2 hours ago In this article BTC BTC $ 81,119.86 ◢ 0.26 %