Strategy Resumes Bitcoin Buys as Saylor Shifts Focus to 'Never Be a Net Seller'
Strategy, a major Bitcoin treasury firm, resumed its BTC purchases after a brief pause, acquiring 535 BTC for $43 million at an average of $80,340 per coin, bringing total holdings to 818,869 BTC (valued at roughly $61.9 billion as of May 10, 2026). Chairman Michael Saylor clarified that while the company could sell Bitcoin to fund dividends, it aims never to be a net seller. Recently, the company sold $3.2 billion in its STRC preferred stock, using proceeds to buy more Bitcoin. STRC carries an 11.5% annual yield with quarterly dividends totaling $80–$90 million. Saylor stated that the firm remains a net Bitcoin accumulator, with its issuance rate far exceeding the break-even point. CEO Phong Le emphasized a pragmatic approach to finance dividends, choosing whatever method benefits Bitcoin-per-share. Industry experts believe any Bitcoin sale by Strategy would have limited market impact unless on a large scale. As of now, Bitcoin trades near $81,200, with market sentiment remaining optimistic about further gains.
