Phong Le, CEO of Strategy, said in a post on X that Bitcoin per share (BPS) is the company's "True North." He said Strategy runs multivariate models each day to optimize capital allocation and decisions across equity, debt, and credit, aiming to maximize annual BTC Yield, defined as growth in BPS. Le reported that year-to-date the firm has delivered a 9.4% BTC Yield and $5.0 billion in BTC gains.

ChainCatcher cited an April 2026 corporate adoption report from BitcoinTreasuries.net showing that public companies and corporate treasuries added 64,722 BTC in April, for a net increase of about 57,791 BTC—one of the biggest monthly buying totals since mid-2025. Strategy purchased 56,235 BTC during the month, largely financed through at-the-market (ATM) offerings of STRC and MSTR. STRC raised $3.3 billion from April 1 to May 3, representing roughly 80% of Strategy's $4.1 billion in total ATM financing over the same period and setting a new monthly record. The report said April's corporate treasury buying nearly matched the net acquisitions of the prior two quarters combined, pointing to a strong start to Q2. It also estimated Bitcoin ETFs collectively hold or provide exposure to around 1.5 million BTC—about 300,000 more than corporate treasuries. BlackRock's IBIT and Strategy remain neck-and-neck in BTC holdings. As of May 5, Strategy held 818,334 BTC, compared with about 818,147 BTC held by IBIT. Corporate holdings of altcoins were estimated at roughly $22 billion, including about $16.2 billion in ETH reserves.

Public companies and corporate treasuries bought 64,722 BTC in April, lifting net additions to about 57,791 BTC, one of the strongest monthly accumulation periods since mid-2025, according to BitcoinTreasuries.net's April 2026 corporate adoption report cited by Huo Xing Finance. Strategy accounted for most of the buying, acquiring 56,235 BTC during the month. The purchases were funded mainly via at-the-market (ATM) share sales in STRC and MSTR. Between April 1 and May 3, STRC raised $3.3 billion, roughly 80% of Strategy's $4.1 billion in total ATM financing over the same window, marking a new monthly record, the report said. The report added that April's corporate treasury Bitcoin buying nearly matched the combined net purchases of the prior two quarters, pointing to a strong start for Q2. Bitcoin ETFs now hold or provide exposure to about 1.5 million BTC, around 300,000 more than corporate reserves. BlackRock's iShares Bitcoin Trust (IBIT) and Strategy remain neck-and-neck in holdings: as of May 5, Strategy held 818,334 BTC, versus about 818,147 BTC for IBIT. Corporate altcoin holdings are estimated at about $22 billion, with ETH reserves representing roughly $16.2 billion.

According to a BlockBeats report on May 9, BitcoinTreasuries.net's April 2026 corporate adoption update shows public companies and corporate treasuries added 64,722 BTC during April. Net purchases totaled about 57,791 BTC, marking one of the biggest buying months since mid-2025. Strategy accounted for most of the activity, purchasing 56,235 BTC in April. The buying was funded mainly through at-the-market (ATM) offerings tied to STRC and MSTR. Between April 1 and May 3, STRC raised $3.3 billion, representing roughly 80% of Strategy's $4.1 billion in total ATM financing over the same period and setting a monthly record. The report said April's corporate BTC buying nearly matched the combined net buying of the previous two quarters, pointing to a strong start to Q2. Bitcoin ETFs now hold or provide exposure to about 1.5 million BTC, roughly 300,000 more than corporate reserves. BlackRock's IBIT and Strategy remain neck-and-neck: as of May 5, Strategy held 818,334 BTC, while IBIT held about 818,147 BTC. Separately, enterprises are estimated to hold around $22 billion in altcoin reserves, including approximately $16.2 billion in ETH reserves.

Strategy (MSTR) bought 56,000 BTC in April, according to Bitcoin Treasuries.NET's latest monthly report shared on X. The figure is said to be 28 times the combined Bitcoin purchases made by all other listed companies over the same period.

Strategy CEO Phong Le said in a post on X that Bitcoin per share (BPS) remains the company's primary performance target. He said Strategy runs a multivariate model each day to fine-tune capital allocation and financing decisions across equity, debt and credit, with the aim of maximizing annual Bitcoin yield, measured by BPS growth. Year to date, Strategy has recorded a 9.4% Bitcoin yield and about $5 billion in Bitcoin gains.

Coinbase bought about $88 million of Bitcoin in Q1 2026 to build out its BTC reserves, according to Wu Blockchain. The exchange now holds 16,492 BTC valued at roughly $1.3 billion. Corporate Bitcoin treasuries continue to expand at a rapid pace.

Strategy executives said the company may sell a portion of its Bitcoin holdings to help fund dividend payments linked to its preferred stock structure, the first time senior leadership has publicly discussed the possibility of reducing its BTC position. Speaking on the company's first-quarter earnings call, Executive Chairman Michael Saylor said Strategy wants to preserve flexibility across its capital structure as it broadens its financing toolkit. He added that a limited Bitcoin sale could be used to "inoculate" the market and demonstrate that the company has additional avenues to meet shareholder-related obligations. CEO Phong Le said Strategy would consider selling Bitcoin if doing so becomes accretive to shareholders. He noted the company could sell BTC acquired above current market prices to realize capital losses, which could translate into tax benefits. Le said selective sales could potentially unlock about $2.2 billion in future tax savings. Under existing tax rules, capital losses can generally be used to offset future taxable gains or carried forward. Strategy said it remains comfortable with its Bitcoin exposure. The company currently holds 818,334 BTC, about 3.9% of Bitcoin's total supply, valued at roughly $66.5 billion at current market prices. It acquired 89,599 BTC in the first quarter and added another 56,235 BTC early in the second quarter. The company reported a first-quarter operating loss of $14.5 billion, largely driven by mark-to-market accounting adjustments tied to Bitcoin price moves during the period. Net loss for the quarter totaled $12.5 billion. Strategy also disclosed that Bitcoin per share rose about 18% year over year to 213,371 satoshis per share. Executives said the company aims to double Bitcoin per share over the next seven years through its "digital credit" strategy associated with STRC. Disclaimer: This content is provided for informational and educational purposes only and does not constitute financial advice. Coin Edition is not responsible for losses resulting from the use of any content, products, or services referenced. Readers should exercise caution before taking any action related to the company.

According to Huo Xing Cai Jing, bitcoin drew fresh macro tailwinds on May 9 as investors leaned into a renewed debt-and-currency narrative. Bridgewater Associates founder Ray Dalio warned that the United States' roughly $39 trillion debt burden could lead to prolonged dollar depreciation and, in an extreme scenario, a "collapse." Dalio said the U.S. is spending about $7 trillion a year while taking in roughly $5 trillion in revenue, leaving chronic fiscal deficits and a debt load he described as approaching historically dangerous levels. In such environments, he argued, fiat currencies typically weaken over time while gold tends to benefit. JPMorgan analysts see markets increasingly positioned for what they call a "currency depreciation trade," with funds rotating away from gold and toward bitcoin. JPMorgan analyst Nikolaos Panigirtzoglou said that since tensions between Iran and the U.S. escalated, bitcoin ETF inflows have consistently exceeded those of gold ETFs, suggesting a growing view of bitcoin as "digital gold" and a hedge against dollar weakness. The report adds that since the start of the U.S.-Iran tensions, bitcoin has risen about 30%, though it remains below its 2025 record high of $126,000. High-profile investors including Stanley Druckenmiller and Elon Musk have also recently voiced rising concern over the dollar's long-term role as the world's reserve currency.