Strategy Buys 535 BTC as Michael Saylor Holds 818,869 Bitcoin

Strategy acquires 535 additional BTC for $43 million. Michael Saylor's firm now holds 818,869 Bitcoin with a 9.4% YTD yield for 2026.

With its latest transaction, the company’s total reserves have reached 818,869 BTC, acquired for approximately $61.86 billion at an average price of roughly $75,540 per token.

The news comes at a time when Bitcoin is trading around $81,000, and the total crypto market capitalization is once again approaching $2.7 trillion.

Investors view every new purchase by Strategy as an indicator of institutional confidence in Bitcoin, especially as the company has gradually turned its acquisitions into a near-permanent fixture of the market structure.

Saylor Accelerates the “Bitcoin as a Balance Sheet Strategy” Model

Michael Saylor stated that the company has achieved a BTC yield of 9.4% since the beginning of 2026—a metric Strategy uses to measure the growth of its exposure to the leading digital asset per share.

The market is closely watching not only the size of the purchases but also how the company finances them.

In recent months, Strategy has aggressively expanded the use of its new STRC instrument—a structure for perpetual preferred shares that allows the company to raise capital for Bitcoin purchases without directly diluting common shareholders.

This is gradually transforming the company into a hybrid between a BTC reserve and a publicly traded financial instrument tied to the price of the digital asset.

Wall Street analysts are increasingly viewing Strategy stock as a form of “leveraged Bitcoin ETF,” particularly following the explosion of institutional interest in spot ETF products in the United States.

The company’s current reserves now represent nearly 3.9% of the maximum Bitcoin supply—a concentration that is unparalleled among public companies.

Market Enters a New Phase of Institutional Concentration

Crypto market data shows that BTC continues to dominate capital flows, despite a gradual revival in altcoins.

The Fear and Greed Index remains at neutral levels around 50 points, suggesting that investors have not yet entered a classic phase of speculative euphoria.

For many in the market, Strategy is no longer just a company buying Bitcoin.

It is becoming a mechanism for removing liquidity from the asset’s circulating supply—a process that bullish investors believe is steadily intensifying market scarcity.

Some analysts already predict that if the current pace of purchases continues, the company could reach the psychological milestone of 1 million BTC as early as 2027.

This would grant Strategy unprecedented influence over the digital asset market and solidify Michael Saylor’s position as the most significant corporate player in the history of BTC.