worldcoinindex.com
Corporate Bitcoin giant Michael Saylor’s firm Strategy expanded its massive cryptocurrency reserves again last week, purchasing 22,337 $BTC worth approximately $1.57 billion.
According to a filing with the U.S. Securities and Exchange Commission, the acquisition ranks among the five largest single Bitcoin purchases the company has ever made. It follows another sizable buy the previous week when Strategy added 17,994 $BTC for about $1.28 billion.
The latest batch of coins was purchased at an average price of $70,194 per $BTC. That figure sits below the company’s overall average acquisition cost of $75,696 per Bitcoin. Market data shows that Bitcoin traded around a weekly average of roughly $70,571 between March 9 and March 15.
After the purchase, Strategy’s total holdings climbed to 761,068 $BTC. Altogether, the firm has spent approximately $57.61 billion building its Bitcoin treasury, reinforcing its status as the largest publicly traded corporate holder of the asset.
Stock sales fuel continued Bitcoin accumulation
The latest buying spree was financed largely through the sale of Strategy’s perpetual preferred equity offering, STRC. The company recently adjusted its sales structure on March 9, allowing the stock to be sold during extended trading hours and adding a second brokerage partner to the process.
Data from STRC Live indicates the preferred stock had its strongest week on record, with activity across four trading days that corresponded with an estimated 10,767 $BTC worth of purchases.
During the week, Strategy sold about 11.9 million STRC shares, raising roughly $1.18 billion. Those proceeds covered roughly three-quarters of the company’s Bitcoin acquisition.
In addition, Strategy sold around 2.8 million shares of its Class A common stock, trading under the ticker MSTR, generating another $396 million to support the purchase.
Long-term target: 1 million Bitcoin
With 761,068 $BTC now on its balance sheet, Strategy has moved closer to a symbolic milestone: owning one million Bitcoin.
To reach that level, the company would need to accumulate another 238,932 $BTC. If it maintains a steady pace over the remaining 42 weeks of 2026, Strategy would need to acquire an average of roughly 5,700 $BTC each week.
The aggressive accumulation strategy underscores the company’s continued belief that Bitcoin will serve as a long-term store of value and a central pillar of its corporate treasury strategy.