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Strategy buys 24,869 BTC for $2.01 billion at $80,985

Strategy buys 24,869 BTC for $2.01 billion at $80,985

CointurkCointurk2026/05/19 14:57
By:Cointurk

US-based cryptocurrency firm Strategy, led by Michael Saylor, has announced the addition of 24,869 more Bitcoins to its corporate treasury. The firm made this purchase at an average price of $80,985 per Bitcoin, with a total investment amounting to $2.01 billion. On the trading days in question, the price of Bitcoin hovered near the $80,000 level, according to data from CryptoAppsy.

Strategic Bitcoin acquisition approach

Making its latest acquisition during a period of continued volatility in the Bitcoin market, Strategy bought 24,869 BTC at an average cost of $80,985 per coin. This brought the company’s total Bitcoin holdings to 843,738 BTC, reflecting a market value of approximately $64.76 billion as of today.

The company disclosed to the public that the cumulative purchase cost for this substantial Bitcoin holding amounted to $63.87 billion, inclusive of all fees and expenses. Since the beginning of 2026, the company has registered a return of 12.6% on its Bitcoin investments.

Strategy currently retains its place as the publicly traded firm with the largest Bitcoin stash worldwide. As a result, investors and industry watchers closely monitor each major Bitcoin acquisition by the company.

Michael Saylor shared on X that, “As of today, we hold a total of 843,738 BTC. Our average cost per Bitcoin is $75,700. Since early 2026, we have achieved a 12.6% return.”

Impact on MSTR and STRC shares

This most recent Bitcoin purchase has sparked conversations regarding its implications for both the price of Bitcoin and the performance of Strategy’s own shares on financial markets. Traded under the ticker MSTR in the US, Strategy’s stock often reacts directly to major Bitcoin price movements. In addition, STRC, the firm’s secured note listed in its capital structure, also draws significant investor attention.

To finance these Bitcoin acquisitions, Strategy has employed a blend of capital raising, debt issuance, and preferred stock offerings. The use of these diversified financing methods in recent periods has enabled the firm to further bolster its reserves.

According to Bitcoin investors and market analysts, such substantial corporate purchases by Strategy are seen as supportive of institutional demand and help to strengthen liquidity at significant price points like $80,000.

A majority of investors agree that “the company’s balance sheet is directly affected by Bitcoin price movements. Each new purchase signals a rise in institutional interest in crypto assets.”

Corporate activity in the Bitcoin market

Strategy has remained in the spotlight in recent years with its regular and sizable Bitcoin purchases. The sheer scale of its Bitcoin reserves underscores the ongoing wave of institutional activity within the market.

Since the start of 2026, the company has posted an impressive annualized return on Bitcoin of 12.6%. This latest large-scale acquisition—timed as Bitcoin tested the crucial $80,000 threshold—has once again shifted investor attention firmly onto institutional participation.

Continuing its aggressive Bitcoin buying and utilizing a diversified financing model, Strategy maintains a prominent position in the global cryptocurrency landscape.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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