Saylor Says 'Back To Work' As Strategy Buys 535 Bitcoin For $43M

Saylor Says 'Back To Work' As Strategy Buys 535 Bitcoin For $43M

Strategy purchased 535 Bitcoin (BTC) for about $43 million last week, lifting its corporate stack to 818,869 coins.

Strategy Resumes Bitcoin Buying

The firm disclosed the acquisition in a Form 8-K filing on Monday.

Executive Chairman Michael Saylor confirmed the buy on X, pegging the average price at $80,340 per coin. The purchase covered the week of May 4 through May 10, and it ended a one-week pause that marked the firm's first skipped Monday buy in months.

Saylor signaled the return with a Sunday post captioned "Back to work."

Strategy funded the buy almost entirely through its at-the-market equity program, selling 231,324 MSTR shares for roughly $42.9 million. A small $100,000 slice came from STRC preferred share sales.

Also Read: Tom Lee Calls Crypto Spring As Bitmine Stakes $11.1B In ETH

Saylor Defends Bitcoin Sales Hint

The acquisition arrives one week after Saylor told investors that Strategy may offload a portion of its Bitcoin stack to cover STRC dividends.

He framed any sale as a demonstration of capability rather than a strategic shift.

Saylor reiterated the position on Sunday, arguing that 2.3% annual appreciation would be enough to fund those dividends indefinitely. He rejected critic comparisons to a Ponzi structure. The firm now holds 818,869 BTC at a $61.86 billion cost basis, with a year-to-date yield of 9.4%.

Bitcoin Recovery Lifts Position

Strategy spent much of early 2026 underwater on portions of its holdings after Bitcoin slipped from its October 2025 peak near $126,000. The token bottomed close to $63,000 in February, climbed back through April, and now trades near $81,000, above Strategy's cost basis.

Spot ETF flows have driven the rebound, with CoinShares data showing $857.9 million in digital asset fund inflows last week, the sixth straight positive week.

Read Next: Sui Rallies 37% As Nasdaq Firm Locks Up 2.7% Of Supply

Disclaimer and Risk Warning: The information provided in this article is for educational and informational purposes only and is based on the author's opinion. It does not constitute financial, investment, legal, or tax advice. Cryptocurrency assets are highly volatile and subject to high risk, including the risk of losing all or a substantial amount of your investment. Trading or holding crypto assets may not be suitable for all investors. The views expressed in this article are solely those of the author(s) and do not represent the official policy or position of Yellow, its founders, or its executives. Always conduct your own thorough research (D.Y.O.R.) and consult a licensed financial professional before making any investment decision.
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