Strategy purchased 22,337 Bitcoin (BTC) for approximately $1.57 billion between March 9 and March 15, according to an 8-K filed with the U.S. Securities and Exchange Commission on Monday.
The transaction - the company's 12th consecutive weekly purchase in 2026 and its fifth-largest single acquisition on record - brings Strategy's total holdings to 761,068 BTC.
Executive Chairman Michael Saylor confirmed the purchase on X, noting the company paid an average of $70,194 per coin in this tranche.
Across all purchases since the company began accumulating Bitcoin in 2020, the blended average acquisition price stands at $75,696 per coin, for a cumulative outlay of approximately $57.61 billion, including fees.
How It Was Funded
Unlike recent weeks, Strategy relied primarily on its Stretch perpetual preferred shares (STRC) to finance the purchase - the largest STRC deployment since the instrument's July 2025 initial public offering.
STRC sales contributed approximately $1.18 billion, while the remainder came from at-the-market sales of MSTR Class A common stock. The Stretch shares promise an 11.5% annual dividend, backed by the company's Bitcoin holdings.
MSTR stock gained approximately 4% to $145.38 in Monday premarket trading after the announcement.
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Scale and Context
At current prices near $72,400, Strategy's 761,068 BTC are worth approximately $55 billion - roughly 96% of the $57.61 billion the company has spent acquiring them, reflecting its unrealized paper loss at present market levels.
The company holds approximately 3.6% of Bitcoin's 21 million coin supply, based on the 20 million coins currently mined.
The prior week's acquisition totalled 17,994 BTC for $1.28 billion, bringing holdings at that point to 738,731 BTC.
To reach one million Bitcoin, Strategy would need to acquire approximately 238,932 additional coins - a trajectory analysts note would require sustained market issuance or significant additional capital raises.
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