Public Companies Added 43,557 Bitcoin in May as SpaceX Joins Treasury Race

Public companies added a net 43,557 BTC worth $3.2 billion in May, led by Strategy's 25,404 BTC accumulation. SpaceX entered the corporate Bitcoin treasury race, and Strive set records with its SATA preferred share buying spree.

• Public companies added a net 43,557 BTC ($3.2 billion) in May, extending a months-long accumulation streak despite Bitcoin being 42% below its all-time high.
• Strategy led with 25,404 BTC acquired, funded primarily through $1.95 billion in STRC preferred share ATM proceeds.
• Strive added 4,443 BTC in roughly one month (30% of its prior stack), breaking its own single-day ATM record at $87 million.
• SpaceX entered the corporate Bitcoin treasury race, though specific holdings were not detailed in the report.
• STRC preferred shares now carry a $10.5 billion market cap, the largest of any tradeable preferred share globally.

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Last updated 12 Jun 2026