Strategy Makes Biggest Bitcoin Buy Yet in 2026 as Preferred Share Demand Surges
Strategy purchased 22,337 Bitcoin last week for $1.57 billion, marking its largest purchase this year. The company raised nearly $1.2 billion through its variable rate preferred share, STRC, which pays an 11.5% dividend. As of the latest data, Strategy holds approximately 761,000 Bitcoin, valued at about $55.8 billion, with an average purchase price near $76,700 per Bitcoin. Despite paper losses as Bitcoin’s price fell, the gap between market value and purchase price has narrowed to $1.7 billion. Strategy’s stock recently reached $148, a 45-day high, though down over 56% in six months. STRC's market cap rose 30% in the past month to $5 billion. The firm’s monthly dividend obligations from STRC now exceed $1 billion, prompting concerns about sustainability, but it has secured $2.25 billion in cash reserves. Market odds for Strategy selling Bitcoin this year have fallen to 17%.
