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Michael Saylor's Strategy made another huge
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Michael Saylor's Strategy made another huge
Michael Saylor's Strategy made another huge buy of bitcoin, adding $1.57 billion worth last week
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Michael Saylor's Strategy made another huge buy of bitcoin, adding $1.57 billion worth last week
The company's stack now stands at 761,068 bitcoin, acquired for $57.61 billion.
By James Van Straten|Edited by Stephen Alpher
Updated Mar 16, 2026, 12:20 p.m. Published Mar 16, 2026, 12:11 p.m.
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What to know:
- Strategy purchased 22,337 bitcoin for $1.57 billion last week.
- The acquisitions were mostly funded through sales of the company's STRC series of preferred stock, with sales of common stock accounting for the remainder.
- MSTR shares were up 4% in early trading alongside a weekend rise in the price of bitcoin to $73,600.
Strategy (MSTR), the world's largest publicly traded holder of bitcoin, continued with its large string of weekly purchases, adding $1.57 billion worth of BTC, according to a Monday filing.
Led by executive chairman Michael Saylor, the company added 22,337 bitcoin at an average price of $70,194 per coin, bringing holdings to 761,068 coins, acquired for $657.61 billion, or an average of $75,696 per coin.
In terms of bitcoin acquired, it was the fifth-largest ever weekly purchase of coins by the company.
Bitcoin was trading at $73,600 on Monday morning, higher by 2.6% over the past 24 hours.
The latest addition to the company's bitcoin stash was mostly funded via $1.1 billion in sales of the firm's STRC series of preferred stock. The company also sold $396 million of common stock.
MSTR shares are up 4% in pre-market trading as bitcoin rose through the weekend, currently trading at $73,600, up 2.6% over the past 24 hours.
Bitcoin NewsStrategyMichael SaylorBreaking Newstop news
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