Strategy Acquires 1,031 BTC in Smaller Weekly Purchase

BTC-0.89%
  • Strategy bought 1,031 BTC for $76.6M, slowing pace after earlier billion-dollar weekly acquisitions.
  • Total holdings reach 762,099 BTC, funded partly through common stock sales instead of preferred equity.
  • Portfolio sits about 7% below cost, with holdings valued near $54B at current Bitcoin market prices.

Strategy, led by Michael Saylor, added 1,031 Bitcoin worth about $76.6 million during the week ending March 22, 2026, according to a filing with the Securities and Exchange Commission. The purchase, funded through common stock sales, comes as the company slows its recent buying pace. Total holdings now stand at 762,099 BTC.

Smaller Purchase Follows Larger Acquisitions

According to the filing, Strategy acquired the latest Bitcoin at an average price of $74,326 per coin. This figure sits below the firm’s overall average purchase price of $75,694. However, the scale of this acquisition marks a notable shift.

In the prior two weeks, the company completed significantly larger purchases. It acquired 22,337 BTC in one week and 17,994 BTC in another. Those transactions exceeded $1 billion in value and reflected a more aggressive accumulation strategy.

By contrast, last week’s purchase appears more measured. This adjustment comes after a period of rapid expansion in Bitcoin holdings.

Funding Method Shifts to Common Stock

Unlike earlier acquisitions, Strategy funded the latest purchase through sales of Class A common stock. Previously, the company relied heavily on preferred equity, including its STRC issuance. That offering generated about $1.2 billion and supported earlier large-scale buys.

The shift in funding approach reflects a change in capital strategy. Despite this, the company continues to add Bitcoin to its balance sheet.

During March alone, Strategy acquired 41,362 BTC for roughly $2.93 billion. These purchases contributed to its current total of 762,099 BTC, valued at about $57.69 billion at acquisition cost.

Holdings Position and Market Comparison

Strategy remains the largest public holder of Bitcoin. However, its holdings now sit slightly below BlackRock’s iShares Bitcoin Trust. The ETF holds approximately 785,300 BTC on behalf of investors.

Meanwhile, Bitcoin traded near $70,000 during the reporting period. Based on current prices, Strategy’s holdings stand below their acquisition value. Data shows the portfolio is down about 7%, with a market value near $54 billion.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments