Strategy buys 24,869 BTC for $2.01B, total holdings hit 843,738

Strategy acquired 24,869 BTC for approximately $2.01 billion at an average price of $80,985 per coin, bringing total holdings to 843,738 BTC as of May 17, 2026. The company's average cost basis across the full stack now stands at $75,700 per bitcoin, on roughly $63.87 billion of cumulative purchases.

Why it matters

The purchase keeps Strategy on its largest-ever buying cadence. The company's treasury now represents close to 4% of all bitcoin that will ever exist — a concentration no public company has ever held in a single asset. At an average cost basis near $76K against recent prices, the position sits comfortably in profit, reinforcing the equity-at-NAV premium that has defined Strategy's trade.

Market impact

The $2.01B deployment landed at an average $80,985 — effectively near the recent market clearing price — absorbing nearly 0.12% of circulating supply in a single tranche. The buy extends a multi-quarter accumulation streak that has reshaped how public-company treasuries view BTC. Watch the next 8-K: pace of purchases and average price relative to spot will set the read on whether Strategy is still front-running issuance or leaning into market softness.