Strategy returns to buying BTC at scale

Strategy returned to buying $BTC at scale, adding another 22,337 $BTC. The recent large-scale purchases arrived after STRC gained popularity, allowing Strategy to resume more active fundraising.

Strategy returned to large-scale weekly purchases, breaking the January high of 22,305 $BTC.

The company entered a streak of buying thousands of $BTC each week. The most recent purchase added 22,337 $BTC to the portfolio, becoming the highest weekly purchase since November 2024.

Strategy has acquired 22,337 $BTC for ~$1.57 billion at ~$70,194 per bitcoin. As of 3/15/2026, we hodl 761,068 $BTC acquired for ~$57.61 billion at ~$75,696 per bitcoin. $MSTR $STRChttps://t.co/YNpkYHYSg1

— Strategy (@Strategy) March 16, 2026

The recent expansion from low-grade activity to large-scale purchases is seen as a signal for a potential $BTC recovery. Following the latest purchase, $BTC traded at $73,723, approaching the average Strategy breakeven price.

Strategy may be a small $BTC rally away from even more enthusiasm for its fundraising efforts, after a relatively slow bear market. Strategy expanded its $BTC buying in the past three weeks, after buying just 592 $BTC at the end of February.

Strategy sells more STRC

The main source of more lively fundraising is STRC. The preferred stock is extending its trading range to $99-$101, where Strategy can sell more of the stock.

With an effective interest rate of 11.5% in March, STRC is a tool for both $BTC exposure and passive income.

STRC is the most actively traded preferred stock by Strategy | Source: Bitcoinquant

The weekly STRC performance is also boosting the confidence of Strategy investors, as some of the data appears in real time.

$STRC shatters all records—7.3M shares, every single one above threshold.

~4,038 $BTC estimated. That's nearly double yesterday's monster session. Volume at 471% of average.

Nine straight days of ATM activity. Uncharted territory.https://t.co/lVNalzUMK3 pic.twitter.com/9niy13GV91

— STRC.live (@STRC_live) March 12, 2026

The only warning with STRC is that Strategy will have to pay down its dividends monthly, quickly building a larger liquidity burden.

Strategy still uses MSTR

Strategy still uses a mixed weekly issuance of STRC and MSTR. This time, for the first time, the STRC raise surpasses MSTR’s funds raised.

Strategy raised $1.18B from STRC, and an additional 396M from MSTR. The company has $6.3B more in approved MSTR shares, while STRC issuance is not capped.

Currently, STRC is the most actively traded preferred stock. Euro-denominated SATA is also growing rapidly, but has a small share of the whole Strategy mix.

Despite the dilution, MSTR traded at $139.60, near the upper end of its range over the past month. In the past, MSTR has amplified $BTC’s performance, so the recent interest in the shares may reflect expectations of a $BTC price recovery.

The recent enthusiasm still comes with the warning that STRC and weekly purchases still depend on continued inflows. The STRC approach may be less viable in a prolonged bear market with deeper losses.