Bitcoin treasury company Strategy announced its second-largest acquisition of 2026, costing the company more than $2 billion.
The strategy added 24,869 BTC to its holdings
In new mail On the tenth, strategy Co-Founder and Chairman of the Board of Directors Michael Saylor He shared details regarding the recent purchase made by the treasury company. In total, the company expanded its reserves by 24,869 BTC through this acquisition, which is a very large amount.
In fact, this is Strategy’s second-largest purchase this year, following only the massive 34,164 BTC purchase since April. The company financed the blockbuster acquisition using sales of its STRC and MSTR stock offerings, according to a filing with the U.S. Securities and Exchange Commission (SEC). Of the two, STRC sales provided the bulk of the proceeds.
The strategy spent about $2.01 billion to acquire these coins, which works out to an average base cost of $80,985 per Bitcoin. Currently, Bitcoin is trading below this level, so it appears that the company’s new acquisition has already fallen.
However, Strategy’s entire holdings remain at a profit, as the company spent $75,700 per coin or $63.87 billion in total to accumulate its 843,738 BTC collection. However, the green status is only due to the decline that the cryptocurrency has seen over the past few days.
Interestingly, the company made this massive buy announcement just two weeks after Saylor said the strategy might sell some bitcoin to fund the dividend, just to prove it could do it. To date, Treasury has not made any such sale, and if this purchase is to continue, it remains committed to accumulating assets.
With more than 4.2% of the circulating supply of Bitcoin (BTC) in its portfolios, Strategy is by far the largest holder of the cryptocurrency in the world, according to data from BitcoinTreasures.net.
The top ten public holders of BTC | Source: BitcoinTreasuries.net
The company is also the largest digital asset custodian overall. The closest competitor is Bitmaina Bitcoin mining company that adopted an Ethereum treasury strategy last year. Led by Chairman Thomas “Tom” Lee, the company has been aggressively accumulating ETH, announcing regular purchases on Monday just like Strategy.
Last week, Bitmine skipped any new acquisitions, but on Monday, the company was back at it. According to A press releaseThe company uploaded 71,672 Ethereum over the past week. “We view ETH’s recent pullback below $2,200 as an attractive opportunity,” Lee noted.
After this acquisition, the company owns 5,278,462 Ethereum, equivalent to 4.37% of the total supply of the cryptocurrency in circulation. “Bitmine is expected to reach ‘5% chemistry’ sometime in 2026,” the chairman said.
Bitcoin price
Bitcoin recovered to $82,000 last week, but the asset has since retreated with its price now trading at around $76,300.
Looks like the price of the coin has declined recently | Source: BTCUSDT on TradingView
Featured image by Dall-E, chart from TradingView.com
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