Michael Saylor’s Strategy, that tireless apostle of digital gold, has reportedly scooped up another 2,110 BTC, funded by the ever-reliable STRC perpetual preferred stock circus. Truly, a spectacle of financial wizardry for the modern age!
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Key Takeaways: (Because You Definitely Need a Scorecard)
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Strategy’s latest 2,110 BTC purchase, dated May 13, was bankrolled by STRC – a program so beloved it’s practically a Bond villain’s funding scheme.
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The company raised $206M via STRC in May 2026, issuing 2.12 million shares at prices so close to $100 par value, it’s like watching a tightrope walker with a net.
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Total BTC holdings now hover around 820,000 coins, acquired at an average cost of $75,540 per bitcoin – a bargain if you ignore the part where fiat is literally burning.
STRC: THE FUNDING VEHICLE (Cue the James Bond Theme)
The BTC buy was funded by STRC, that glittering 11.5% annual yield perpetual preferred stock. Strategy’s masterstroke? Raising capital for crypto without diluting common shareholders – a trick so neat, it’s practically a magic act. The stock’s return to $100 par value? A “key threshold” so dramatic it deserves its own Netflix miniseries.
On May 11, Strategy raised $206 million by selling 2.12 million STRC shares. The stock traded a staggering $445 million that day – a liquidity party so wild, even the bartenders got Bitcoin tips.
As Bitcoin.com News reported Monday, Strategy already bought 535 BTC for $43 million last week at $80,340 per coin. Total holdings? A smidge under 820,979 BTC. Because nothing says “moderation” like rounding the corner to 821,000.
SAYLOR’S EVOLVING STANCE (Or: How to Confuse a Hedge Fund in 3 Easy Steps)
Saylor, ever the enigmatic maestro, recently flirted with selling BTC to fund dividends – a heresy so shocking, it made his “never sell” mantra sound like a broken record. But fear not! He later clarified it was all a ruse to bamboozle short-sellers. Executives now vow to buy 10-20 BTC for every coin sold. A ratio so lopsided, it’s practically Dickensian.
2026 has been a bumper year for Strategy’s BTC binge: $116M in January, 13,927 BTC in April for $1B, then 34,164 BTC for $2.54B. The firm’s BTC yield? A “healthy” 9.6% YTD. Because nothing says “prudent investment” like owning nearly 4% of all Bitcoin ever mined – a fact that’s keeping central bankers up at night.
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2026-05-13 13:30