Strategy, the company with the biggest Bitcoin holdings globally and led by Bitcoin supporter Michael Saylor, has recently made another large purchase, further increasing its Bitcoin reserves.
Saylor recently announced another large Bitcoin purchase, and it’s generating a lot of conversation within the crypto world, especially considering how much BTC they’ve bought this past week.
MicroStrategy spends $2.01 billion on Bitcoin purchase
On May 18th, Saylor announced that Strategy had purchased $2.01 billion worth of Bitcoin in a single week.
Bitcoin Crash Wipes Out $660 Million
XRP Volatility Ahead, Dogecoin (DOGE) Uptrend Continues, Is Toncoin (TON) Capable of Holding $2? Crypto Market Review
Last week, the company significantly increased its Bitcoin holdings, buying 24,869 BTC at a price of $80,985. This was one of their biggest weekly purchases in quite some time.
Michael Saylor is famous for publicly promoting Bitcoin and encouraging others to invest in it. Therefore, his company’s regular, large Bitcoin purchases don’t come as a surprise to most people in the crypto world.
After its recent Bitcoin purchase, Strategy now holds a substantial portfolio of 843,738 BTC, valued at over $63.8 billion.
Worse-performing investment: Schiff mocks Saylor
It’s great to see Michael Saylor continuing to buy Bitcoin! As someone invested in crypto, I really admire his long-term commitment and belief in it, especially with all the ups and downs we see in the market. The community definitely appreciates his consistent support.
You know, even with the recent Bitcoin buy, Peter Schiff still isn’t convinced. He’s calling Michael Saylor’s strategy a bad investment, pointing out that MicroStrategy is already down over 4% on it, despite adding more Bitcoin.
Schiff highlighted that Strategy’s Bitcoin investment has only increased in value by about 2.5%, which he feels is a very small return after five years.
Read More
- Total Football free codes and how to redeem them (March 2026)
- Last Furry: Survival redeem codes and how to use them (April 2026)
- Pixel Brave: Idle RPG redeem codes and how to use them (May 2026)
- Clash of Clans May 2026: List of Weekly Events, Challenges, and Rewards
- All Mobile Games (Android and iOS) releasing in May 2026
- PUBG Mobile x Harley-Davidson Partnership to introduce new Motor Cruise event with rewards and Skins
- Silver Rate Forecast
- Light and Night brings its beloved otome romance experience to SEA region with a closed beta test starting May 20, 2026
- ALLfiring redeem codes and how to use them (May 2026)
- First Look at Bad Bunny’s Exclusive Zara x Benito Antonio Collection
2026-05-18 18:17