Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    India’s ED files charges in $20M Coinbase spoofing case

    June 16, 2026

    Trump claims Sam Bankman-Fried is not getting a pardon

    June 16, 2026

    Congress proposes DOJ crypto theft task force a year after NCET shutdown

    June 16, 2026
    Facebook X (Twitter) Instagram
    Tuesday, June 16
    • About
    • Contact us
    • Privacy Policy
    Facebook X (Twitter) LinkedIn YouTube
    Blockchain Echo
    Banner
    • Lithosphere News Releases
    • Bitcoin
    • Crypto
    • Ethereum
    • Litecoin
    • Altcoins
    • Blockchain
    Blockchain Echo
    Home » Strategy resumes Bitcoin buying streak with 535 BTC purchase
    Crypto

    Strategy resumes Bitcoin buying streak with 535 BTC purchase

    John SmithBy John SmithMay 11, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



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

    Summary

    • Strategy added 535 BTC, raising its total Bitcoin holdings to 818,869 coins as of May 10.
    • The purchase followed debate after Saylor said limited Bitcoin sales could help fund dividends.
    • Strategy’s Bitcoin plan remains under scrutiny as preferred-share obligations raise fresh funding questions.

    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.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBitcoin dev wants to ban 3,000 Knots nodes amid OP_RETURN clash
    Next Article Sztorc vs Gladstein: Can Lightning scale Bitcoin?
    John Smith

    Related Posts

    India’s ED files charges in $20M Coinbase spoofing case

    June 16, 2026

    Congress proposes DOJ crypto theft task force a year after NCET shutdown

    June 16, 2026

    SPX6900 jumps nearly 10% as Upbit and Bithumb open Korean trading

    June 16, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Vercel breach leaves DeFi frontends dangling on a $2M ransom

    April 21, 2026

    Coinbase AI Agents Get Their Own App Store

    April 21, 2026

    Success Story: Douglas Vernon’s Learning Journey with 101 Blockchains

    April 21, 2026
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    About Us

    Stay updated on the world of cryptocurrency
    Your one-stop source for daily crypto news and insights
    Blockchainecho.info: Your trusted daily crypto companion

    Most Popular

    Vercel breach leaves DeFi frontends dangling on a $2M ransom

    April 21, 2026

    Coinbase AI Agents Get Their Own App Store

    April 21, 2026

    Success Story: Douglas Vernon’s Learning Journey with 101 Blockchains

    April 21, 2026
    Copyright © 2025
    • Home
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.