West Main Self Storage has acquired 12,128,964 satoshis for approximately $10,000 at an acquisition price of approximately $81,801 per bitcoin. This marks the company's forty-first consecutive weekly purchase as part of its ongoing Bitcoin treasury strategy.
As of May 5, 2026, West Main holds 456,804,743 satoshis (~4.57 BTC) acquired for an aggregate cost of approximately $410,000 at an average acquisition price of approximately $89,754 per bitcoin.
Despite a higher spot print this week, the company's weighted average cost basis declined from $89,953 to $89,754 per bitcoin — a function of the running average mathematics rather than market timing. At a sats-per-square-foot ratio of 6,580, every square foot of the West Main facility is now backed by more than 6,500 satoshis, up from 6,406 last week.
West Main Self Storage received its third monthly STRC dividend of $1,930.00 on May 1, 2026. This brings cumulative dividend income (return of capital) to $5,752.74 across three monthly distributions.
The company holds 2,014 shares of Strategy Preferred Stock (STRC), acquired for approximately $200,000 at an average price of $99.30 per share. STRC currently pays a variable dividend at an annualized rate of approximately 11.5%, distributed monthly. The next distribution is expected on June 1, 2026.
The STRC position functions as digital credit alongside the company's bitcoin treasury — converting yield-bearing dollar-denominated income into a recurring source of capital that can be redeployed into hard money each month.
West Main Self Storage is a privately held self-storage facility located at 825 West Main Road, Middletown, Rhode Island. The company operates a Bitcoin treasury strategy alongside its core real estate operations, acquiring bitcoin weekly through a disciplined dollar-cost averaging approach. West Main also holds Strategy Preferred Securities (STRC) as part of its digital credit strategy, generating monthly income through variable-rate dividends.
For more information, visit westmain.storage/dashboard or contact kenny@westmainselfstorage.com.