Strategy Inc., which has taken decisive steps in the cryptocurrency markets, has reached a historical peak at the corporate level with the amount of Bitcoin it owns. The company has purchased a total of 171,238 Bitcoins since the beginning of 2026. This number is almost three times the approximately 62,000 Bitcoins mined globally during the same period.
Record purchases and record stock
The company’s latest weekly purchase of 24,869 Bitcoins was its second largest weekly purchase to date. A total of $2.01 billion was spent for this purchase, and an average of $80,985 was paid per coin.
In the official notification made to the US Securities and Exchange Commission (SEC), it was stated that with this purchase, the total amount of Bitcoin held by Strategy Inc. reached 843,738. Thus, the company has become the leader of the institutional space, leaving behind BlackRock’s spot Bitcoin ETF, which previously held around 817,000 Bitcoins.
In the last week, the company purchased ten times more Bitcoin than miners collectively produced. This is interpreted as an indication that demand in the market has seriously exceeded supply.
Mini dictionary: Strategy Inc. is a US-based financial company and has attracted attention especially with its large-scale Bitcoin investments in recent years. The company collects a large amount of funds from the market through the issuance of priority shares called STRC and regularly purchases Bitcoin with this source.
According to StoneX Group’s Mark Palmer, the majority of Bitcoin accumulation this year through institutional investments and ETFs belongs to Strategy Inc. directed.
Bitcoin price at three-week low
Strategy Inc. Although it continues to systematically buy Bitcoin, price movements in the market have been negative in recent weeks. Bitcoin fell below $80,000 again last week, hitting its lowest level in three weeks.
With the decline on Wednesday, May 20, Bitcoin’s one-day loss was between 4 and 6 percent, and the price dropped to approximately $76,593. In fact, at one point during this decline, the $77,000 level was broken downwards. According to the current data reflected on CryptoAppsy screens, Bitcoin started to be traded around $ 77,000 during this period.
Inflation and ETF outflows put pressure
Economic indicators and the expectation that interest rates in the USA will remain high for a long time negatively affected the demand for Bitcoin in the short term. Particularly, the fact that inflation did not fall in the USA and the Fed was not in a hurry to cut interest rates reduced investors’ risk appetite.
While the yield on US 30-year government bonds rose to its highest level since 2007 at 5.18 percent, the 10-year bond rate remained around 4.6 percent. While these developments increased the tendency towards bonds and cash assets, which are seen as safe havens, they intensified the selling pressure in risky assets such as Bitcoin.
Institutional investors also quickly exited Bitcoin during the same period. There was a total net outflow of $1 billion in Bitcoin-based exchange traded funds (ETFs) in the last week of May. There was a sale of $331 million in Bitcoin ETFs in the spot market in just one day.
Presto Research researcher Min Jung pointed out that these outflows caused institutional investors to move away from short-term risk as interest rate cut expectations weakened.
Market seeks recovery
Despite all these developments, signs of recovery are seen in the Bitcoin market from time to time. After the selling wave, BTC price rose above $77,000 again. Analysts think that if the US 10-year bond interest rate falls to the range of 3.75 to 4.0, the pressure on the dollar will decrease and investment flows into risky assets such as Bitcoin may begin again.
On the other hand, there is no weakening in the fundamentals of the Bitcoin network. However, due to the shakedown in small investor confidence, the market monitors staying above the $74,000 support as a critical threshold.
Investors expect either inflation to slow down significantly or volatility in the US bond market to decrease in order to enter a new upward momentum. Otherwise, fund outflows from ETFs will keep Bitcoin on a volatile course in the short term.
