Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Michael Saylor's Strategy made $1.3 billion
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Michael Saylor's Strategy made $1.3 billion
Michael Saylor's Strategy made $1.3 billion bitcoin purchase last week
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Michael Saylor's Strategy made $1.3 billion bitcoin purchase last week
The company now holds 738,731 bitcoin purchased for about $56 billion and worth roughly $50 billion at the current price just shy of $68,000.
By Stephen Alpher
Mar 9, 2026, 12:11 p.m.
Make us preferred on Google
Michael Saylor, Executive Chairman of Strategy (Gage Skidmore/CC BY-SA 2.0/Modified by CoinDesk)
Led by Executive Chairman Michael Saylor, Strategy (MSTR) made a massive bitcoin purchase last week.
The leading bitcoin treasury company added 17,994 bitcoin to its holdings for a total cost of $1.28 billion, or $70,946 per coin. The company stack now stands at 738,731 BTC acquired for $56.04 billion, or $75,862 per coin.
Bitcoin is currently trading just below $68,000.
Last week's buys were mostly funded via $900 million in sales of common stock. The company also sold $377 million of its STRC preferred series of stock, according to a Monday morning filing.
MSTR shares are higher by 0.2% in pre-market trading.
Michael SaylorBitcoin NewsStrategy
More For You
Pudgy Penguins: Challenging the Pokemon and Disney Legacy in the Global IP Race
CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events.
What to know:
- Disrupting a Stagnant Market: Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product.
View Full Report
More For You
Bitcoin is beating stocks and gold as the Middle East conflict rattles global markets
Bitcoin has outperformed precious metals and U.S. equities since the war in Iran first began, softening sentiment after a rough start to the year.
What to know:
Bitcoin has climbed 3.5% since the conflict began, while traditional "safe havens" like gold and silver have dropped 5% and 12%, respectively.
The return of the "Coinbase premium" and steady spot ETF inflows suggest that large-scale U.S. investors are viewing current price levels as an attractive entry point.
The rally is being supported by a "cleaner" market; recent data shows that risky, high-leverage bets have been cleared out, leaving the floor open for more stable, spot-driven demand.
Read full story
Latest Crypto News
KAST raises $80 million at $600 million valuation to expand stablecoin payments platform
Bithumb faces proposed 6-month partial ban over South Korea AML breaches
U.S. Treasury signals shift on crypto mixers, acknowledges legitimate privacy uses
Bitcoin is beating stocks and gold as the Middle East conflict rattles global markets
Bitcoin stays calm while other markets panic: key levels to watch
Nasdaq and Kraken are teaming up to let you trade tokenized stocks
Top Stories
Bitcoin rises as oil spikes, equities drop
U.S. isn’t really exposed to oil shocks and that might be helping bitcoin stay resilient
Nigel Farage takes 6% stake in UK bitcoin treasury firm Stack BTC
Oil pulls back from 25% spike as G7 discusses emergency reserve release
Bitcoin could face deeper downside as odds of U.S. market meltdown rise to 35%
Trump's cyber strategy vows to 'support the security' of cryptocurrencies and blockchain
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.
You May Also Like
Tether CEO Delivers Rare Bitcoin Price Comment
Bitcoin price receives rare acknowledgement from Tether CEO Ardoino
Share
Coinstats2025/09/17 23:39
The Future of MarTech: Key Trends Shaping Marketing Technology Through 2030
The marketing technology landscape is undergoing one of its most significant transformations since the category’s inception. The convergence of artificial intelligence
Share
Techbullion2026/03/10 04:51
Silver Price Forecast: XAG/USD Soars Above $86 as US Dollar Retreats
BitcoinWorld Silver Price Forecast: XAG/USD Soars Above $86 as US Dollar Retreats Global silver markets witnessed a significant surge on Thursday, with the XAG
Share
bitcoinworld2026/03/10 05:10