In brief – Strategy Chairman Michael Saylor clarified that Strategy’s break-even issuance rate at 2.3% would mean that it remains a net Bitcoin buyer even if it sells BTC for dividends. – CEO Phong Le said selling Bitcoin is on the table when it is more accretive to…
tcoin-per-share than selling MSTR equity. – The Bitcoin treasury firm resumed its Bitcoin buys after a pause last week, acquiring 535 BTC for $43 million. Bitcoin treasury firm Strategy resumed its BTC purchases this week, as the firm’s chairman Michael Saylor clarified his position after suggesting the company could offload a portion of its holdings to fund dividends. “I’m very famous for saying ‘never sell your Bitcoin.’ That’s why the internet went crazy when we said we might sell it,” Saylor said in a podcast interview released over the weekend. “But if I was being more precise: never be a net seller of Bitcoin
It just wouldn’t have been so viral.” Hours after the podcast, Strategy resumed its Bitcoin buys, scooping up 535 BTC for $43 million at an average price of $80,340 per coin, the company announced Monday. The purchase came after the firm paused its BTC buys last week, and brought its total holdings to 818,869 BTC, worth some $61.9 billion. Strategy has acquired 535 BTC for ~$43.0 million at ~$80,340 per bitcoin and has achieved BTC Yield of 9.4% YTD 2026.
As of 5/10/2026, we hodl 818,869 $BTC acquired for ~$61.86 billion at ~$75,540 per bitcoin. $MSTR $STRC https:// — Michael Saylor (@saylor) May 11, 2026 Saylor’s comments followed Strategy’s earnings call last week, during which the company disclosed it has the flexibility to pause sales of its MSTR common stock and instead cover STRC dividend obligations through Bitcoin sales. STRC is Strategy’s perpetual preferred stock that pays a quarterly cash dividend and has become one of the most liquid preferred instruments in U.S. markets. STRC’s effective annual yield hovers around 11.5%, according to the company’s official statistics.