Public Bitcoin Treasury Holdings posted another strong month in May, with companies across all sectors adding or disclosing 51,045 BTC before sales, or a net 43,557 BTC, according to BitcoinTreasuries.net’s May 2026 Corporate Adoption Report.
At a May 31 price of $73,579.69 per coin, those additions totaled $3.2 billion — extending a months-long rally as Bitcoin sits about 42% below its all-time high.
The strategy maintained its position at the top of the leaderboard, receiving 25,404 BTC in May and holding the 1st place among all public companies in terms of Bitcoin wealth size. But its dominance drew more scrutiny this month after the company disclosed the sale of 32 BTC in early June – a very small figure of about 0.004% of its total, but which marked its first disclosed sale since a short sale of 704 BTC in 2022.
Executive chairman Michael Saylor described the sale as routine financial management, saying the company aims to buy 10 to 20 BTC for every sale it makes and “will not be a Bitcoin seller.” CEO Phong Le added that the sale will happen if Bitcoin is accepted per share – not because of financial stress.
The strategy funded most of its purchases with STRC preferred shares, which generated $1.95 billion in ATM revenue in May on the instrument and maintained a 27% capture rate compared to STRC’s total trading volume for the month.
STRC now has a $10.5 billion market cap — the largest of any publicly traded preferred stock in the world — and boasts $375 million in 30-day average liquidity, about 23 to 25 times more liquid than its next comparables, including preferred stocks from Wells Fargo and Bank of America.
Ngenkathi i-Strive iholele ngevolumu eluhlaza, i-Strive idonse ukunaka okukhulu kwezinga lokukhula. The company added 1,943 BTC in May and another 2,500 BTC on June 2, for a combined total of 4,443 BTC in one month – a figure equivalent to 30% of its previous holdings.
That speed exceeded Strategy’s own average: Strive added Bitcoin equivalent to 30.5% of its existing stack in one month, compared to Strategy’s 10% in the same period.
The engine behind this buying trend was Strive’s SATA preferred stock, which raised an estimated $276 million in ATM cash in May – comprising 12.4% of all credit ATM sales in dollar terms. Lwela broke its one-day ATM record on May 29, raising an estimated $87 million in a single session – enough purchasing power for about 1,180 BTC. The company has announced that it will begin paying SATA dividends every business day starting June 16, becoming what CEO Matt Cole described as “the first listed security in the history of the US capital markets to pay cash dividends every single business day,” according to bitcointreasuries.netreport.
The strategy was followed by its dividend change, winning shareholder approval on June 8 to receive STRC payments twice a month – a change intended to stabilize STRC’s trading price near its $100 value, reduce cyclical volume declines on ex-dividend dividend days, and improve liquidity.
Bitcointreasuries.net also touched on one of the biggest monthly disclosures from SpaceX, which revealed a holding of 18,712 BTC ahead of its expected June 12 IPO date – representing more than one-third of all public wealth additions before the May sale.
