Key Highlights
- Strategy acquired 22,337 BTC for $1.57 billion during the March 9–15 period, representing its biggest 2026 transaction
- Current Bitcoin holdings reach 761,068 BTC, purchased for a cumulative $57.61 billion at $75,696 average cost per coin
- Financing came primarily from $1.1 billion in STRC preferred stock offerings, supplemented by $396 million from MSTR common stock
- The transaction continues Strategy’s streak of 12 consecutive weekly Bitcoin acquisitions
- MSTR shares climbed more than 4% during premarket hours, peaking at $149 before stabilizing near $145
Strategy completed a $1.57 billion Bitcoin purchase last week, acquiring 22,337 coins in what stands as the company’s largest transaction of 2026. The purchase price averaged $70,194 per Bitcoin, expanding total reserves to 761,068 BTC.
The firm’s cumulative Bitcoin investment now reaches $57.61 billion, representing an average entry price of $75,696 per coin.
Strategy extended its buying streak to 12 consecutive weeks with this latest Bitcoin acquisition. Over the past fortnight alone, the company accumulated approximately 40,000 BTC — a quantity that surpasses the holdings of almost every other publicly traded corporation independently.
Ranked by volume, this transaction represents the fifth-largest weekly purchase in Strategy’s operational history.
The STRC preferred stock program supplied the majority of funding for this acquisition. Strategy generated $1.18 billion by selling 11.8 million STRC shares. An additional $396 million originated from the sale of 2.8 million MSTR common stock shares.
This purchase marks the first instance where STRC proceeds exceeded MSTR stock contributions for a weekly acquisition. The timing aligned with STRC experiencing one of its busiest trading periods, achieving the status of this month’s most liquid preferred stock.
MSTR Shows Strength in Early Trading
MSTR began Monday’s session more than 4% above the previous week’s closing price of $140. Shares touched $149 during premarket activity before stabilizing around $145.
The upward movement followed a weekend surge in Bitcoin prices. BTC exceeded $74,000 during Monday’s intraday trading before moderating to approximately $73,600, representing a 24-hour gain of roughly 2.6%.
Bitcoin has appreciated 10% since February 28 — when the United States initiated its first military operations against Iran.
Other cryptocurrency-related securities also registered gains. Coinbase (COIN) advanced 2.8% in premarket trading. Robinhood (HOOD) increased 1.9%.
Saylor Previewed the Acquisition
Michael Saylor shared Strategy’s Bitcoin portfolio tracking tool on Sunday, accompanied by the caption “Stretch the Orange Dots” — a reference to STRC, nicknamed “Stretch,” serving as the primary funding mechanism for the purchase.
Market participants widely interpreted the post as advance notice of another weekly acquisition, prompting MSTR shares to climb in anticipation ahead of the official SEC filing that arrived Monday morning.
Strategy’s Monday regulatory submission documented the official figures: 22,337 BTC, $1.57 billion total cost, $70,194 average purchase price.
