TLDR
- Strategy acquired 22,337 BTC worth $1.57 billion during the March 9–15 period, representing its biggest 2026 purchase
- The company’s Bitcoin treasury now totals 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 shares
- The transaction represents Strategy’s 12th straight week of Bitcoin acquisitions
- MSTR shares climbed more than 4% during premarket hours, peaking at $149 before stabilizing near $145
Strategy added 22,337 Bitcoin to its treasury last week in a $1.57 billion transaction, representing the company’s largest single acquisition of 2026. The purchase price averaged $70,194 per Bitcoin, elevating total reserves to 761,068 BTC.
The firm’s cumulative Bitcoin investment now stands at $57.61 billion, with an overall average acquisition cost of $75,696 per coin.
This purchase extends Strategy’s unbroken streak of weekly Bitcoin buying to twelve consecutive weeks. Over the past fortnight alone, the company accumulated approximately 40,000 BTC — a volume sufficient to surpass virtually all other public companies’ entire Bitcoin holdings.
By volume, this transaction ranks as the fifth-largest weekly acquisition in Strategy’s corporate history.
The capital for this purchase came predominantly from the STRC preferred stock instrument. Strategy generated $1.18 billion by selling 11.8 million STRC shares. An additional $396 million was secured through the sale of 2.8 million common MSTR shares.
This marks the inaugural instance where STRC proceeds exceeded MSTR stock sales in funding a weekly Bitcoin purchase. The timing aligned with STRC experiencing exceptional trading activity, emerging as this month’s most liquid preferred equity instrument.
MSTR Shares Rally in Premarket Trading
MSTR began Monday’s session more than 4% above the previous week’s closing price of $140. Shares briefly touched $149 during premarket activity before consolidating around $145.
The upward movement followed a weekend rally in Bitcoin markets. BTC surged past $74,000 during Monday’s intraday session before retreating modestly to approximately $73,600, representing a 24-hour gain of roughly 2.6%.
Bitcoin has appreciated 10% since February 28 — coinciding with the United States’ initial military operations against Iran.
Other cryptocurrency-exposed equities also posted gains. Coinbase (COIN) advanced 2.8% in premarket trading. Robinhood (HOOD) increased 1.9%.
Saylor Telegraphed the Acquisition
Michael Saylor shared Strategy’s Bitcoin holdings dashboard on Sunday accompanied by the phrase “Stretch the Orange Dots” — a reference to STRC, nicknamed “Stretch,” financing the latest purchase.
Market observers interpreted the post as foreshadowing another weekly Bitcoin acquisition, driving MSTR shares higher in anticipation ahead of Monday morning’s official SEC disclosure.
Strategy’s Monday regulatory filing validated the speculation: 22,337 BTC acquired for $1.57 billion at an average price of $70,194 per coin.
