Bitcoin May 11, 2026

Strategy Buys 535 Bitcoin as BTC Whale Accumulation Nears 373,000 BTC

Strategy purchased 535 BTC worth roughly $43 million at an average price of $80,340 per coin
The company now holds 818,869 BTC acquired for approximately $61.86 billion
CoinShares reported $857.9 million in weekly crypto ETF inflows, including $706.1 million into Bitcoin

Strategy added another 535 Bitcoin to its balance sheet this past week. This comes as institutional inflows and whale activity continued picking up across the market. The purchase came shortly after the company said it could sell BTC in the future if needed to meet certain debt or dividend obligations. But its latest move showed the firm is still actively accumulating. At the same time, Bitcoin ETF inflows remained strong, and on-chain data pointed to growing BTC accumulation among large holders.

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Strategy, ETFs, and Whale Wallets Signal Rising Bitcoin Accumulation

Michael Saylor said Monday that Strategy purchased 535 Bitcoin. They spent about $43 million at an average price of $80,340 per coin. According to the company’s latest filing, the purchase was funded through sales of preferred stock.

Strategy has acquired 535 BTC for ~$43.0 million at ~$80,340 per bitcoin and has achieved BTC Yield of 9.4% YTD 2026. As of 5/10/2026, we hodl 818,869 $BTC acquired for ~$61.86 billion at ~$75,540 per bitcoin. $MSTR $STRC https://t.co/qScHXi2BBJ
— Michael Saylor (@saylor) May 11, 2026

The latest acquisition brings Strategy’s total Bitcoin holdings to 818,869 BTC. The company has spent around $61.86 billion on its Bitcoin treasury so far. This was with an average purchase price of $75,540 per BTC.

Bitcoin price traded above $81,000 following the announcement. This leaves Strategy’s holdings in profit at current levels. Shares of MSTR were also slightly higher in pre-market trading.

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Bitcoin Buying Takes Front Stage

Crypto ETPs and ETFs saw inflows of US$857.9MM last week.@Bitcoin and @ethereum both saw inflows of US$706.1M and US$77.1M respectively. @solana recorded US$47.6M and XRP (@Ripple) US$39.6M, both notable accelerations on recent activity.

USA: + US$776.6M
GER: + US$50.6M… pic.twitter.com/muTOWvbM1i
— CoinShares (@CoinSharesCo) May 11, 2026

Institutional demand for Bitcoin also remained steady last week. CoinShares reported that crypto ETPs and ETFs recorded $857.9 million in inflows. It should be noted that Bitcoin investment products account for $706.1 million of the total.

On-chain data from CryptoQuant showed BTC accumulation continuing to climb among large wallet holders. Demand from accumulator addresses recently approached 373,000 BTC. This showed an increased activity from long-term investors and Bitcoin whales.

Separately, a dormant Bitcoin whale wallet inactive since 2013 transferred roughly $40 million worth of BTC to a new address over the weekend, according to blockchain tracker Whale Alert. The destination wallet does not appear to be linked to a known exchange.

Dormant wallet activity has increased over the past year as Bitcoin reached new highs. Several early holders are moving long-held coins after years of inactivity.

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