SpaceX · Bitcoin · U.S. Treasury · Strategy · Michael Saylor · Bitcoin Magazine
Public Companies Rolled out 43,557 BTC in May as SpaceX Enters Bitcoin Treasury Race
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Public companies added a net 43,557 BTC worth $3.2 billion in May, led by Strategy’s continued accumulation.
Key facts
- Strive broke its own single-day ATM record on May 29, raising an estimated $87 million in one session, enough buying power for approximately 1,180 BTC
- Public Bitcoin treasury holdings posted another strong month in May, with companies across sectors adding or disclosing 51,045 BTC before sales, or 43,557 BTC net, according to BitcoinTreasuries
- At the May 31 price of $73,579.69 per coin, those net additions were worth $3.2 billion, extending a months-long accumulation streak even as Bitcoin sat roughly 42% below its all-time high
- Strategy funded the bulk of its purchases through its STRC preferred shares, generating $1.95 billion in ATM proceeds in May from the instrument and maintaining a 27% capture rate against total STRC
Summary
Public Bitcoin treasury holdings posted another strong month in May, with companies across sectors adding or disclosing 51,045 BTC before sales, or 43,557 BTC net, according to BitcoinTreasuries.net’s May 2026 Corporate Adoption Report. At the May 31 price of $73,579.69 per coin, those net additions were worth $3.2 billion, extending a months-long accumulation streak even as Bitcoin sat roughly 42% below its all-time high. Strategy maintained its position at the top of the leaderboard, acquiring 25,404 BTC in May and holding the No. 1 spot among all public companies by Bitcoin treasury size. Executive chair Michael Saylor framed the sale as routine capital management, saying the company intends to buy 10 to 20 BTC for every one it sells and will “never be a net seller of Bitcoin.