{"id":28923,"date":"2026-05-18T12:41:40","date_gmt":"2026-05-18T12:41:40","guid":{"rendered":"https:\/\/bitunikey.com\/news\/saylors-strategy-adds-24869-btc-as-bitcoin-falls-below-77k\/"},"modified":"2026-05-18T12:41:47","modified_gmt":"2026-05-18T12:41:47","slug":"saylors-strategy-adds-24869-btc-as-bitcoin-falls-below-77k","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/saylors-strategy-adds-24869-btc-as-bitcoin-falls-below-77k\/","title":{"rendered":"Saylor\u2019s Strategy adds 24,869 BTC as Bitcoin falls below $77K"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p><strong>Strategy bought 24,869 Bitcoin for about $2.01 billion between May 11 and May 17.\u00a0<\/strong><\/p>\n<div id=\"cn-block-summary-block_83eb5079b9b796028514f2cc106aeb87\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Strategy\u2019s latest purchase lifted its Bitcoin holdings to 843,738 BTC, over 4% of total supply.<\/li>\n<li>The company funded the buy through MSTR common stock and STRC preferred stock sales.<\/li>\n<li>Market updates showed Bitcoin below $77,000 as ETF outflows and liquidations pressured crypto prices.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The company paid an average price of $80,985 per Bitcoin, including fees and expenses, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/assets.contentstack.io\/v3\/assets\/bltf8d808d9b8cebd37\/bltc0d0f9d2d325a368\/6a0a710811de4f7e170ba045\/form-8-k_05-18-2026.pdf\" target=\"_blank\" rel=\"nofollow\">according<\/a> to its May 18 Form 8-K.<\/p>\n<p>The purchase raised Strategy\u2019s total holdings to 843,738 BTC. The company has spent about $63.87 billion on its Bitcoin position, at an average price of $75,700 per coin. That holding represents more than 4% of Bitcoin\u2019s fixed 21 million supply cap.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>MSTR and STRC sales funded the purchase<\/strong><\/h2>\n<p>The filing said Strategy used proceeds from its at-the-market offering program to buy the latest Bitcoin. During the same period, it sold 430,344 MSTR shares for $83.7 million in net proceeds.<\/p>\n<p>Strategy also sold 19,519,801 STRC preferred shares with $1.949 billion in net proceeds. The company still had $17.51 billion available under the STRC program and $26.27 billion available under the MSTR program as of May 17.<\/p>\n<p>Notably, Michael Saylor <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/saylor\/status\/2055992847241711997?s=20\" target=\"_blank\" rel=\"nofollow\">hinted<\/a> at the purchase before the filing, writing \u201cBig dot energy\u201d on X while sharing Strategy\u2019s Bitcoin tracker. The phrase drew attention because similar posts have often come before new purchase notices.<\/p>\n<p>The latest buy came after debate over whether Strategy could ever sell Bitcoin. Earlier coverage noted that Saylor said the company may use limited BTC sales while remaining a long-term net buyer. He said, \u201cEven if we were to sell one Bitcoin, we\u2019d be buying 10 to 20 more Bitcoin.\u201d That remains Strategy\u2019s own view and depends on future market access.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Bitcoin market remains under pressure<\/strong><\/h2>\n<p>The purchase came during a weak market stretch. Market updates from crypto.news said Bitcoin fell below $77,000 on May 18 as selling spread across crypto. The same report cited more than $1 billion in weekly spot Bitcoin ETF outflows and over $661 million in liquidations.<\/p>\n<p>Strategy also faces debt and funding questions. A recent SEC <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1050446\/000119312526225361\/mstr-20260504.htm\" target=\"_blank\" rel=\"nofollow\">filing<\/a> said the company agreed to repurchase about $1.50 billion of its 2029 convertible notes for an estimated $1.38 billion. The filing listed cash, ATM proceeds or Bitcoin sales as possible funding sources.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strategy bought 24,869 Bitcoin for about $2.01 billion between May 11 and May 17.\u00a0 Summary Strategy\u2019s latest purchase lifted its Bitcoin holdings to 843,738 BTC, over 4% of total supply.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=28923"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28923\/revisions"}],"predecessor-version":[{"id":28924,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28923\/revisions\/28924"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/517"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=28923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=28923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=28923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}