Strategy resumes Bitcoin buying streak with 535 BTC purchase

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

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.