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18 May 2026, 13:17
Bitmine Immersion stock pain not over: Will $11.6B ETH treasury revive sentiment?

18 May 2026, 13:16
Strategy (MSTR) buys another $2B in Bitcoin as holdings top 843,000 BTC

Strategy (previously known as Microstrategy) MSTR, the bitcoin treasury company led by executive chairman Michael Saylor, disclosed Monday that it acquired an additional 24,869 bitcoin for approximately $2.01 billion between May 11 and May 17. According to an 8-K filing with the Securities and Exchange Commission, the company purchased the bitcoin at an average price of roughly $80,985 per coin. The latest acquisition brings Strategy’s total holdings to approximately 843,738 BTC, worth about $65.3 billion based on current prices. The company said it has spent roughly $63.9 billion acquiring bitcoin at an average purchase price of approximately $75,700 per bitcoin, including fees and expenses. Strategy’s holdings now represent more than 4% of bitcoin’s total 21 million supply cap, underscoring the company’s increasingly aggressive treasury strategy centered on the cryptocurrency. Stock sales fuel latest bitcoin acquisition The purchases were financed primarily through Strategy’s ongoing at-the-market stock sale programs. The company raised approximately $2.03 billion through a combination of common stock and preferred stock offerings over a six-day period ending May 17. Strategy sold around 19.95 million shares through its STRC preferred stock program, generating roughly $1.95 billion in net proceeds. It also sold approximately 430,344 shares of its Class A common stock, MSTR, raising an additional $83.7 million. The company immediately deployed approximately $2.01 billion of the proceeds into bitcoin purchases. Strategy continues to maintain significant fundraising capacity through its multi-tiered at-the-market (ATM) programs. According to company disclosures, approximately $51.5 billion remains available across multiple equity issuance programs, including roughly $26.3 billion tied to MSTR and $17.5 billion connected to STRC. The STRC preferred stock has increasingly become the company’s primary financing tool for bitcoin purchases. The variable-rate cumulative preferred stock currently offers an annualized dividend yield of roughly 11.5%. Strategy recently proposed shifting STRC dividend payments from monthly to twice-monthly distributions, stating the move could “lead to reduced reinvestment lag, enhanced liquidity, market efficiency, and increased price stability.” Saylor signals purchase ahead of disclosure Ahead of Monday’s filing, Saylor again hinted at the acquisition through social media. On Sunday, he posted an update tied to Strategy’s bitcoin acquisition tracker alongside the phrase “Big dot energy,” which investors interpreted as signaling another substantial purchase announcement. Analysts at K33 recently argued that strong demand for STRC may be contributing to recurring mid-month bitcoin buying pressure as Strategy continues issuing shares and using proceeds to accumulate additional BTC ahead of dividend-related timelines. The company has also continued reshaping its balance sheet alongside its bitcoin acquisition strategy. On Friday, Strategy agreed to repurchase approximately $1.5 billion face value of its zero-coupon 2029 convertible notes for about $1.38 billion, retiring the debt at roughly 92 cents on the dollar. The filing listed bitcoin sales as one of several potential funding sources for the transaction, a notable disclosure given Saylor’s previously stated “net accumulator” policy regarding bitcoin holdings. Bitcoin treasury model expands across corporate sector Strategy remains the dominant player among public companies adopting bitcoin treasury strategies, though the model has expanded significantly across corporate markets. According to Bitcoin Treasuries data, approximately 196 public companies have adopted some form of bitcoin acquisition model, with 84 companies currently maintaining active treasury strategies. Other major corporate holders include Coinbase, MARA Holdings, Riot Platforms, and Hut 8. Despite the continued institutional adoption trend, many bitcoin treasury-related stocks remain well below their 2025 highs as investor enthusiasm has cooled alongside broader cryptocurrency market volatility. Strategy shares declined approximately 6.3% last week, closing Friday at around $177.42, though the stock remains up roughly 12.89% year to date. Bitcoin itself recently fell below $78,000 amid renewed inflation concerns and geopolitical tensions surrounding Iran and global energy markets. The post Strategy (MSTR) buys another $2B in Bitcoin as holdings top 843,000 BTC appeared first on Invezz
18 May 2026, 13:16
Strategy splashes $2.01B on largest weekly purchase since late April

Strategy returned with another large-scale purchase, adding 24,869 BTC to its treasury. The new purchase arrives a week after Strategy skipped its usual buying. Strategy acquired BTC at an average price of $80,985, just above the coin’s current market price. Despite the week’s active buying, BTC dipped below the $77,00 range once again. Strategy spent $2.01B on its latest weekly purchase, the biggest since April 20. Strategy has acquired 24,869 BTC for ~$2.01 billion at ~$80,985 per bitcoin and has achieved BTC Yield of 12.6% YTD 2026. As of 5/17/2026, we hodl 843,738 $BTC acquired for ~$63.87 billion at ~$75,700 per bitcoin. $MSTR $STRC https://t.co/edM1l29DZG — Strategy (@Strategy) May 18, 2026 Strategy holds BTC at an average price of $75,700 so far, spending $63.87B for almost non-stop weekly purchases. The company already holds 834,738 BTC, far surpassing BlackRock’s stash of around 738K BTC. The latest purchase is part of Strategy’s goal of proving the viability of its playbook. Strategy achieves robust financing through STRC Strategy managed to sell 19,519,801 STRC preferred shares, valued at $1.94B. The rest of the weekly purchase was financed through MSTR common stock issuance. Strategy raised $83.7M from MSTR common stock. The STRC preferred stock was showing increased interest, as more of the shares traded above $100. After the recent sale, STRC fell to $99.20, 80 cents below its ATM price. STRC had one of its most successful weeks in history, with the biggest share of tokens trading above $100. Strategy sold the most STRC since the week of April 13-19. | Source: Bitcoinquant In the past week, $2.2B in STRC traded above $100, allowing Strategy to make new sales. The past week’s STRC sales were close to the records from March and April, as STRC still has an ex-dividend date in the middle of the month. STRC had its second-most active week after the period of April 13-19. In the future, Strategy may spread out STRC selling, but the recent large weekly purchase reflected demand for the 11.59% dividend. Despite the ongoing dilution, MSTR traded at $177.72, near its higher range for the past month. The previous warnings of dilution or higher dividend obligations have not stopped Strategy from expanding its playbook. Will Strategy sell BTC? Strategy has also shifted its previous plan of never selling BTC . The playbook may continue with some BTC selling to cover dividends, while remaining confident of an even larger BTC bull market. There are no predictive metrics for the eventual weekly sales of BTC from Strategy. The company has reassured traders that it can cover all obligations for its preferred stocks. Currently, prediction markets offer a 33% probability of selling BTC by the end of May, and a much higher 87% probability for selling by the end of the year. Strategy already holds 4.02% of all BTC in circulation, becoming the only entity with that degree of control over BTC supply. Strategy has also started repurchasing some of its outstanding debt for 2029, expected to spend $1.5B on redemptions, as Cryptopolitan reported earlier. The company still depends on a BTC bull market to achieve its goal of sustainability, while holding $2.25B in its cash reserves for short-term obligations. If you're reading this, you’re already ahead. Stay there with our newsletter .
18 May 2026, 13:16
CoinDesk 20 performance update: Bitcoin Cash (BCH) drops 13% as all assets decline

Bittensor (TAO), down 9.6% over the weekend, joined Bitcoin Cash (BCH) as an underperformer.
18 May 2026, 13:15
Bitcoin faces outsized quantum threat as computing breakthroughs accelerate, Citi says

The bank said accelerating advances in quantum computing are compressing the timeline for risks to crypto and broader internet infrastructure, with Bitcoin seen as particularly exposed.
18 May 2026, 13:04
Bitcoin Depot Shuts ATM Network as Chapter 11 Pushes Asset Sale

Bitcoin Depot entered Chapter 11 to wind down operations, sell assets, and shut its bitcoin ATM network as state rules tighten. The company cited new compliance burdens, transaction limits, and restrictions affecting BTM operators. Bitcoin Depot Begins Chapter 11 Process Amid Regulatory Pressure Bitcoin Depot Inc. (Nasdaq: BTM) announced on May 18 that it initiated










































