Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Strategy purchased more than $200 million in Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Strategy purchased more than $200 million in

Strategy purchased more than $200 million in bitcoin last week

2026/03/02 21:26
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Strategy purchased more than $200 million in bitcoin last week

The latest purchase, funded through common and preferred stock sales, lifted total holdings to 720,737 coins valued at more than $47 billion.

By James Van Straten|Edited by Stephen Alpher
Mar 2, 2026, 1:26 p.m.
Make us preferred on Google

What to know:

  • Strategy purchased 3,015 bitcoin last week for approximately $204.1 million.
  • The company now holds 720,737 bitcoin acquired for about $54.77 billion.
  • The average purchase price across all holdings stands at roughly $75,985 per coin.

Strategy (MSTR), the world's largest publicly traded corporate holder of bitcoin, expanded its position last week by acquiring 3,015 BTC for approximately $204.1 million, or an average price of $67,700 each.

Bitcoin is trading at $66,000 on Monday morning, with MSTR shares flat in early action.

To fund the buys, Strategy raised roughly $229.9 million through common stock sales, along with $7.1 million in net proceeds of its Variable Rate Series A Perpetual Stretch Preferred Stock, STRC, according to a Monday filing.

Following the latest purchase, the company now holds 720,737 BTC acquired for roughly $54.77 billion, or an average price of approximately $75,985 per coin.

Bitcoin NewsMichael SaylorStrategy

More For You

Anthony Pompliano’s ProCap Financial buys 450 bitcoin, steps up share buybacks

The acquisition makes ProCap the 19th largest publicly traded holder of bitcoin, while lowering the company’s average cost basis per coin.

What to know:

  • ProCap Financial purchased 450 Bitcoin, lifting total holdings to 5,457 BTC and reducing its average cost basis.
  • The company repurchased 782,408 shares over the past 10 days at a significant discount to NAV.
Read full story
Latest Crypto News

Turkey's ruling party unveils 10% crypto income tax proposal

South Korea investigates seed phrase leak in photo leading to $4.8 million crypto theft from tax authority

Anthony Pompliano’s ProCap Financial buys 450 bitcoin, steps up share buybacks

Battered bitcoin could find solace in war-led 'debasement' trade

Bitcoin outperforms equities in risk-off session as Iran conflict enters third day

U.S. equity futures fall in pre-market trading as oil, gold retreat from highs

Top Stories

SpaceX’s $780 million bitcoin stack now down to about $545 million ahead of IPO filing

Polymarket attracts record trading 'world' volumes as U.S.-Iran bets top $529 million

Iran crisis puts the regime's $7.8 billion crypto shadow economy in spotlight

Hyperliquid's HYPE token jumps 5% as Iran war brings windfall revenue, JUP gains on supply freeze

Strategy lifts STRC dividend to 11.5% as MSTR extends monthly losing streak to 8

The 'stablecoin sandwich' is dead: Why the next phase of crypto payments is all about the user relationship

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.