Strategy has acquired 24,869 BTC for $2.01 billion. According to a report filed with the SEC, the transactions occurred between May 11 and May 17 at an average price of $80,985.
Strategy has acquired 24,869 BTC for ~$2.01 billion at ~$80,985 per bitcoin and has achieved BTC Yield of 12.6% YTD 2026. As of 5/17/2026, we hodl 843,738 $BTC acquired for ~$63.87 billion at ~$75,700 per bitcoin. $MSTR $STRC https://t.co/y1zvePEuym
— Michael Saylor (@saylor) May 18, 2026
The firm holds 843,738 BTC valued at approximately $65.3 billion—over 4% of the total supply of the leading cryptocurrency. The average purchase price over time was $75,700. The company’s “paper” profit has reached $1.4 billion.
To finance the purchases, Strategy sold common shares of MSTR for $83.7 million and preferred shares of STRC for $1.95 billion. The company retains limits for further securities sales under existing programs.
On May 14, Strategy agreed to repurchase zero-coupon convertible bonds maturing in 2029. The nominal value is $1.5 billion, with a buyback price of approximately $1.38 billion. Among potential funding sources, the company mentioned selling the leading cryptocurrency—contradicting the previously stated “pure accumulation” policy by Michael Saylor.
Analysts at K33 noted that high demand for STRC creates regular buying pressure for bitcoin in the middle of each month. The company itself proposed paying dividends on these shares twice a month instead of once to enhance liquidity.
AI Research
Analyst Willy Woo published the results of an audit of STRC conducted using two AI models—Grok and Gemini Pro: he asked the neural networks to assess the risks of the yield instrument.
I ask Grok and Gemini to assess the risks investing in Strategy’s $STRC yield instrument. Then I asked it to estimate a yield that would fairly compensate the investor for the risk undertaken.
Both concluded 11.5% was underpaying for the risk.
Grok: 17-22% APY
Gemini: 16% APY— Willy Woo (@willywoo) May 11, 2026
The main question was whether the current yield of 11.5% adequately compensates for the risks undertaken. Both AIs concluded that investors are significantly underpaid.
According to Gemini Pro’s analysis, a fair yield should be 16%. The Grok neural network was even more conservative, estimating the necessary payout range at 17-22% annually.
Gemini’s detailed report stated that the current rate of 11.5% is “significantly overestimated” and does not account for the lack of direct asset backing, as well as risks related to bitcoin concentration and potential liquidity loss.
Grok emphasized in its summary that the instrument is effectively a “leveraged bitcoin proxy disguised as a yield instrument,” and the current rate reflects market enthusiasm rather than real risk compensation.
BitMine Increases Assets to $12.6 Billion
BitMine Immersion Technologies has accumulated 5.28 million ETH—4.37% of the total market supply of the cryptocurrency. The platform’s total assets have reached $12.6 billion. This sum includes:
- Ethereum worth $11.5 billion;
- 202 BTC;
- stakes in Eightco and Beast Industries valued at $283 million;
- $685 million in cash.
BitMine maintains its lead in Ethereum reserves among public companies. In the global crypto treasury ranking, it ranks second, only behind Strategy.
Approximately 4.7 million ETH has been placed in the company’s own staking service, MAVAN. The current yield is 2.8% annually, bringing BitMine about $289 million per year. The company plans to increase its ETH holdings to 5%.
BitMine Chairman Tom Lee linked the growth in metrics to institutional interest in blockchain and the potential adoption of the CLARITY Act in the U.S. Senate. In his view, the document will create transparent rules for the industry.
Back in May, Lee stated that the company had nearly reached its goal of accumulating Ethereum and plans to slow down its purchasing pace.