---
title: "Strategy Buys $2.01 Billion in Bitcoin, Expanding Treasury Holdings"
description: "The company acquired 24,869 BTC between May 11 and May 17, funded primarily through preferred stock sales."
url: https://basisdesk.news/news/strategy-acquires-24869-bitcoin-2-billion
published: 2026-10-15T14:10:50.674Z
modified: 2026-10-15T14:10:50.674Z
section: Institutions & ETFs
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: neutral
tickers: [BTC]
tags: [strategy, bitcoin, corporate-treasury, mstr, sec-filing]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# Strategy Buys $2.01 Billion in Bitcoin, Expanding Treasury Holdings

The company acquired 24,869 BTC between May 11 and May 17, funded primarily through preferred stock sales.

## At a glance

- **What happened:** Strategy purchased 24,869 BTC for $2.01 billion between May 11 and May 17, 2026, bringing its total treasury holdings to 843,738 BTC.
- **Why it matters:** The company continues to use public capital markets and preferred stock issuances to expand its corporate Bitcoin holdings.
- **Who is affected:** Strategy Inc investors and Bitcoin market participants.
- **What's next:** No next step announced.
- **Primary source:** [8-K](https://www.sec.gov/Archives/edgar/data/1050446/000119312526227918/mstr-20260504.htm) — sec.gov

## Key points

- Strategy purchased 24,869 BTC for $2.01 billion between May 11 and May 17, 2026, averaging $80,985 per bitcoin.
- Total holdings reached 843,738 BTC bought for $63.87 billion at an aggregate average price of $75,700 per token.
- Capital was raised primarily by issuing 19.5 million shares of STRC preferred stock for $1.949 billion in net proceeds.

## Editorial remark

- **Context:** Strategy continues its multi-year strategy of using capital markets proceeds to accumulate bitcoin, utilizing both common stock and specialized preferred stock equity lines.
- **Impact:** Strategy solidifies its status as the largest corporate treasury holder of bitcoin, continuing to absorb circulating supply using public equity offerings.
- **Watch:** Future SEC Form 8-K filings detailing remaining capacity utilization under its MSTR and STRC at-the-market equity programs.

Strategy Inc acquired 24,869 $BTC between May 11, 2026, and May 17, 2026, for approximately $2.01 billion in cash, according to an SEC Form 8-K filing [1]. The acquisitions were made at an average price of $80,985 per token, inclusive of fees and expenses [1]. 

As of May 17, 2026, Strategy held an aggregate of 843,738 BTC purchased for a total cost of $63.87 billion, representing an average purchase price of $75,700 per bitcoin [1]. At the time of writing, Bitcoin was trading at $80,597.

## ATM Offering Details

The purchases were funded via proceeds from Strategy's at-the-market (ATM) equity offering program [1]. During the period from May 11 to May 17, the company sold 19,519,801 shares of its STRC variable rate preferred stock for net proceeds of $1.949 billion, alongside 430,344 shares of MSTR common stock generating $83.7 million in net proceeds [1]. Strategy did not issue any shares of its STRF, STRK, or STRD preferred stock during the reported period [1].

Following these sales, Strategy retains $17.51 billion in remaining capacity for STRC preferred stock and $26.265 billion in remaining capacity for MSTR common stock [1]. The available common stock capacity reflects an aggregate remaining total after the company announced a new $21.0 billion offering on March 23, 2026 [1]. For more on how these instruments operate, see [Strategy's Preferred Stocks Explained: STRK, STRF, STRD and STRC](https://basisdesk.news/news/strategy-preferred-stocks-explained).

## Sources

1. [8-K](https://www.sec.gov/Archives/edgar/data/1050446/000119312526227918/mstr-20260504.htm) — sec.gov, 2026-10-15

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai