{"id":58051,"date":"2026-05-19T08:15:31","date_gmt":"2026-05-19T08:15:31","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=58051"},"modified":"2026-05-19T08:15:31","modified_gmt":"2026-05-19T08:15:31","slug":"strategy-acquires-24869-bitcoin-for-2-billion","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/strategy-acquires-24869-bitcoin-for-2-billion\/","title":{"rendered":"Strategy Acquires 24,869 Bitcoin for $2 Billion"},"content":{"rendered":"\n

In a significant move for the cryptocurrency market, Strategy, a well-known Bitcoin treasury company, has announced an acquisition totaling over $2 billion, making it one of the largest purchases in 2026.<\/p>\n

<\/span>Details of the Acquisition<\/span><\/h2>\n

Michael Saylor, co-founder and chairman of Strategy, revealed in a recent post on X that the firm has acquired an impressive 24,869 Bitcoin<\/strong>. This strategic purchase marks the second-largest acquisition for Strategy this year, following a prior acquisition of 34,164 BTC<\/strong> back in April. The funding for this recent purchase came primarily from the sales of its stocks, specifically STRC and MSTR, with STRC providing a significant portion of the total proceeds.<\/p>\n

The total expenditure for this recent Bitcoin acquisition was approximately $2.01 billion<\/strong>, which results in an average purchase price of about $80,985 per BTC<\/strong>. Currently, the market price of Bitcoin is lower than this cost, meaning the acquisition could be considered \u201cunderwater\u201d at this moment.<\/p>\n

Despite this recent purchase being at a loss, Strategy\u2019s overall Bitcoin portfolio remains profitable. The company has invested a total of approximately $63.87 billion<\/strong> to gather its total holdings of 843,738 BTC<\/strong>, averaging about $75,700 per coin<\/strong>.<\/p>\n

Interestingly, this acquisition comes shortly after Saylor mentioned the potential for selling some Bitcoin to fund dividends, illustrating the company\u2019s confidence in the cryptocurrency\u2019s long-term prospects rather than a short-term trading strategy. To date, no sales have taken place, indicating Strategy\u2019s commitment to accumulation.<\/p>\n

With ownership of more than 4.2%<\/strong> of the circulating Bitcoin supply, Strategy remains the largest corporate holder of Bitcoin globally, according to insights from BitcoinTreasures.net<\/a>.<\/p>\n

<\/p>\n

Additionally, Strategy is recognized as the largest digital asset treasury company overall. Its closest competitor is Bitmine, which has been pursuing a different strategy by accumulating Ethereum rather than Bitcoin. Under the leadership of chairman Thomas \u201cTom\u201d Lee, Bitmine has actively added to its ETH holdings, announcing regular purchases similar to those of Strategy.<\/p>\n

Just last week, Bitmine took a break from acquisitions but resumed its buying activity recently. According to a press release<\/a>, the company acquired 71,672 ETH<\/strong> within the last week, viewing the recent dip in ETH prices as a buying opportunity. Currently, Bitmine\u2019s holdings encompass 5,278,462 ETH<\/strong>, representing about 4.37%<\/strong> of Ethereum\u2019s total supply. Chairman Lee has predicted that Bitmine aims to reach a significant milestone of 5%<\/strong> ownership by 2026.<\/p>\n

<\/span>Current Bitcoin Market Trends<\/span><\/h2>\n

Bitcoin briefly bounced back to around $82,000<\/strong> last week but has since retracted to approximately $76,300<\/strong>, reflecting the volatility commonly seen in cryptocurrency markets.<\/p>\n

\"Bitcoin<\/p>\n","protected":false},"excerpt":{"rendered":"

In a significant move for the cryptocurrency market, Strategy, a well-known Bitcoin treasury company, has announced an acquisition totaling over $2 billion, making it one of the largest purchases in 2026. Details of the Acquisition Michael Saylor, co-founder and chairman of Strategy, revealed in a recent post on X that the firm has acquired an […]<\/p>\n","protected":false},"author":14,"featured_media":58052,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Strategy Acquires 24,869 Bitcoin for $2 Billion - Bitrabo","description":"In a significant move for the cryptocurrency market, Strategy, a well-known Bitcoin treasury company, has announced an acquisition totaling over $2 billion, mak"},"footnotes":""},"categories":[316],"tags":[1015,580,448,874,1927,1990],"class_list":["post-58051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-acquires","tag-billion","tag-bitcoin","tag-buy","tag-massive","tag-strategy"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/58051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=58051"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/58051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/58052"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=58051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=58051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=58051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}