Strategy Grabs 24,869 BTC for $2.01B, Now Holds 843,738 Bitcoin Total
Briefly

Strategy Grabs 24,869 BTC for $2.01B, Now Holds 843,738 Bitcoin Total
Strategy added 24,869 bitcoin for approximately $2.01 billion, increasing total holdings to 843,738 BTC as of May 17, 2026. The blended average cost basis was about $75,700 per bitcoin, and the latest purchase used an average acquisition price near $80,985 per coin. The company reported a 12.6% bitcoin yield year-to-date for 2026, reflecting BTC accumulation relative to its share base. Strategy also planned to retire $1.5 billion in 2029 convertible notes in 2029, reshaping its debt structure. The company previously announced a $1.5 billion principal repurchase of those notes, aiming to reduce dilution risk and lower outstanding liabilities as bitcoin prices rose.
"Strategy added 24,869 bitcoin to its treasury for approximately $2.01 billion, pushing its total holdings to 843,738 BTC as the company also moves to retire $1.5 billion in convertible debt."
"Strategy adds 24,869 BTC for $2.01 billion, bringing its total holdings to 843,738 bitcoin as of May 17, 2026. The $75,700 blended average cost basis and 12.6% BTC Yield YTD signal continued confidence in bitcoin as a treasury asset."
"Strategy plans to retire $1.5 billion in 2029 convertible notes, reshaping its debt structure going forward. Convertible notes allow holders to convert debt into equity under certain conditions. Retiring them early reduces future dilution risk and lowers outstanding liabilities on the balance sheet."
"Michael Saylor announced the purchase on May 18, 2026, via X, noting an average acquisition price of roughly $80,985 per bitcoin for the latest buy. The company now holds 843,738 BTC in total, acquired at a blended average of approximately $75,700 per coin, representing a total outlay of about $63.87 billion."
Read at news.bitcoin.com
Unable to calculate read time
[
|
]