Michael Saylor Expands Bitcoin Holdings
On Monday, Michael Saylor revealed that Strategy has expanded its Bitcoin holdings by acquiring 535 BTC for a total of approximately $43 million. This acquisition, completed at an average price of around $80,340 per Bitcoin, brings the company’s total BTC reserves to 818,869 as of May 10, 2026.
Investment Overview
Saylor noted that over the course of its Bitcoin investing journey, Strategy has now invested around $61.86 billion, with an average price of approximately $75,540 per coin. He also shared that the company has achieved a Bitcoin yield of 9.4% for the year thus far in 2026, indicating a strong performance despite market challenges.
Market Sentiment and Future Plans
The announcement of this latest purchase followed closely after Saylor’s post on social media, which read,
“Back to work, BTC.”
This statement garnered attention as it seemed to precede previous purchase announcements from the company. Intriguingly, just days before, Saylor had suggested the potential for selling off some Bitcoin holdings to facilitate dividend payments, a tactic which drew scrutiny given the company’s recent financial struggles.
Despite the bearish sentiment partly due to a reported $12.54 billion net loss in the first quarter, attributed to a decline in Bitcoin market value, Saylor remains optimistic. He mentioned that any Bitcoin sold would likely be offset by further acquisitions, stating,
“Even if we were to sell one Bitcoin, we’d be buying 10 to 20 more Bitcoin.”
However, he acknowledged that these future purchases are contingent on fluctuating market conditions, funding accessibility, and investor interest.
Recent Acquisitions
Before the recent purchase, data revealed that Strategy held 818,334 BTC as of May 3, 2026, following a prior acquisition of 3,273 BTC valued at $255 million on April 27. This earlier purchase was financed through the sale of MSTR Class A common stock, and at that time, the company indicated it still had $26.47 billion in available shares under its buyback program. This continuous investment strategy underscores Strategy’s commitment to maintaining and growing its position in the cryptocurrency market despite financial volatility and strategic discussions around selling.
