For several months, Michael Saylor and Strategy have been transforming the bitcoin market into a full-scale financial experimentation field. The company has reportedly strengthened its position once again with the estimated purchase of 2,110 BTC funded through its STRC program. An aggressive strategy that fascinates as much as it worries Wall Street. How far will this historic bitcoin accumulation go?
In brief
- Strategy reportedly purchased 2,110 BTC on May 13, 2026, funded by proceeds from the STRC program.
- The company raised $206 million in May through STRC, issuing 2.12 million shares at $100 apiece.
- Strategy's total portfolio is now said to reach approximately 820,979 BTC, acquired at an average cost of $75,540.
STRC, the secret weapon that finances Saylor's bitcoin empire
On May 13, 2026, Strategy reportedly added approximately 2,110 BTC to its massive digital war chest. The operation would have been financed by revenues generated through the STRC program, a perpetual preferred stock offering an annual return of 11.5%.
This financial mechanism becomes central in Michael Saylor's strategy. Unlike traditional share issues, STRC notably allows Strategy to raise capital without significantly diluting ordinary shareholders. In short, the company uses financial markets to gradually transform traditional capital into bitcoin.
On May 11, the company had already announced that it had raised $206 million through the sale of 2.12 million STRC shares close to their par value of $100. This detail is important. The return of the title above this psychological threshold automatically restarts Strategy's ability to issue more shares to finance new purchases of BTC.
This mechanism is increasingly reminiscent of the financing strategies formerly used by certain large technology companies to support their growth. Except that here, the central asset is neither a factory nor software: it is Bitcoin.
The market now observes this approach as a true laboratory of modern finance combining debt, hybrid equities and strategic crypto reserves.
Michael Saylor transforms Strategy into a quasi “BTC central bank”
With this estimated purchase, Strategy’s reserves would reach around 820,979 BTC. At an average price, the company would have acquired its bitcoins around $75,540 per unit.
This massive accumulation now gives Strategy control of approximately 4% of the total bitcoin supply, limited to 21 million units. No other listed group has reached such a level of exposure.
What is more striking is the change in outlook on Wall Street. Barely three years ago, many investors considered this strategy excessive, even reckless. Today, several listed companies are openly exploring similar models to integrate Bitcoin into their reserves. Strategy has gone from an isolated case to a sectoral reference.
This dynamic is part of a broader context. Between the rise of Bitcoin ETFs, the rise of stablecoins and the debates on strategic state reserves, Bitcoin is gradually gaining quasi-institutional status, and Saylor is one of its main architects.
However, a recent controversy has shaken the markets. Saylor had hinted that Strategy might sell BTC to fund its dividends, breaking with its historical stance of “never sell.”
He quickly clarified that he was seeking to “confuse short sellers.” Management has since reaffirmed its line: Strategy will remain a net buyer, with the objective of acquiring 10 to 20 BTC for each bitcoin eventually sold.
Strategy is not slowing down. Quite the contrary: its financing model via STRC is becoming a reference that other listed companies are already starting to study and imitate. In a market where bitcoin's scarcity is a mathematical certainty, each Saylor purchase feels less like a gamble and more like a conviction set in stone.
Maximize your Tremplin.io experience with our 'Read to Earn' program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
