TLDR
- Strategy acquired 17,994 bitcoin during the March 2–8, 2026 period, spending $1.28 billion with an average purchase price of $70,946 per bitcoin.
- Total bitcoin holdings now stand at 738,731 BTC, accumulated for a combined $56.04 billion at an average acquisition cost of $75,862 per bitcoin.
- The purchase was financed through equity sales: 6.33 million Class A common shares ($899.5M) and 3.78 million STRC preferred shares ($377.1M).
- Shares of MSTR climbed 3.7% to $138.44 during morning trading; Bitcoin’s price increased approximately 5% to around $69,200.
- The company’s bitcoin treasury now accounts for more than 3.4% of the cryptocurrency’s 21 million coin maximum supply.
Strategy completed the acquisition of 17,994 bitcoin during the previous week for a total of $1.28 billion, expanding its aggregate holdings to 738,731 BTC. The transaction occurred over a six-day period from March 2 through March 8, 2026, with an average cost of $70,946 per bitcoin.
The acquisition was formally announced through a regulatory filing submitted to the U.S. Securities and Exchange Commission. This latest purchase increases Strategy’s cumulative bitcoin investment to $56.04 billion, reflecting an average acquisition price of $75,862 per coin.
With Bitcoin trading in the $68,000–$69,000 range, the company’s cryptocurrency holdings are valued at approximately $50 billion. While this represents a mark-to-market loss compared to the average cost basis, Strategy continues its aggressive accumulation strategy.
Strategy’s bitcoin treasury now represents over 3.4% of Bitcoin’s immutable 21 million coin maximum supply, cementing its position as the world’s largest corporate bitcoin holder.
Shares of MSTR advanced 3.7% to $138.44 during Monday’s morning session. Meanwhile, Bitcoin’s price surged approximately 5% to reach roughly $69,200 for the day.
Financing the Bitcoin Acquisition
The $1.28 billion acquisition was funded entirely through equity offerings rather than existing cash reserves. Strategy executed the sale of 6.33 million Class A common shares via its at-the-market offering program, producing net proceeds of $899.5 million.
Additionally, the company sold 3.78 million shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), generating an additional $377.1 million. These two equity sales provided sufficient capital to complete the entire bitcoin purchase.
Strategy maintains approximately $6.71 billion in remaining capacity under its current ATM program for common stock sales. The company also has $3.16 billion in unused STRC preferred stock issuance capacity.
The firm operates several preferred stock programs — including STRK, STRC, STRF, and STRD — providing access to billions in potential capital for continued bitcoin acquisitions.
The “42/42” Capital Strategy
This acquisition forms part of Strategy’s ambitious “42/42” capital allocation framework. The initiative targets raising $84 billion through combined equity issuances and convertible debt offerings through 2027, with all proceeds earmarked for additional bitcoin purchases.
Strategy recently modified its Omnibus Sales Agreement to authorize a secondary agent for executing securities transactions outside standard market hours — specifically before 9:30 a.m. and after 4:00 p.m. Eastern Time. This amendment provides enhanced operational flexibility for capital raising activities.
Executive chairman Michael Saylor previewed the acquisition through social media channels ahead of the official regulatory disclosure. His announcement referenced the company’s bitcoin tracking metrics and proclaimed “the second century begins.”
This statement acknowledges Strategy surpassing 100 distinct bitcoin acquisitions since initiating its accumulation program in 2020. The latest purchase represents another milestone in what has evolved into one of the most closely monitored corporate treasury strategies in financial markets.
The previous week saw Strategy acquire 3,015 bitcoin for $204.1 million at an average price of $67,700 per coin, bringing holdings to 720,737 BTC at that juncture.
As of March 8, 2026, Strategy maintained $35.84 billion in aggregate securities available for issuance and distribution under its ATM program framework.
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