Strategy has confirmed its biggest Bitcoin acquisition of 2026, snapping up 22,337 BTC for approximately $1.57 billion. The purchase, executed between March 9 and March 15, came at an average price of $70,194 per coin and marked the company's 12th consecutive week of Bitcoin accumulation.
The latest buy pushes Strategy's total Bitcoin holdings to 761,068 BTC, with a cumulative investment of roughly $57.61 billion and an average cost basis of $75,696 per coin. Executive Chairman Michael Saylor confirmed the acquisition via a post on X, reinforcing the company's unwavering long-term commitment to Bitcoin as its primary treasury asset.
Funding came from two sources. Strategy raised approximately $1.18 billion by selling over 11.8 million shares of its 10% Series A perpetual preferred stock, while an additional $396 million was generated through the sale of roughly 2.8 million Class A common shares. Company executives noted that substantial issuance capacity remains available for future purchases, particularly as demand for preferred shares climbed during recent market volatility.
Following the announcement, MSTR stock climbed around 6%, with shares trading near $145 in premarket activity. Analysts currently identify resistance around $150, where a breakout could push the stock toward $160. Downside support sits near $140, with further risk to $135 if that level breaks.
Bitcoin also gained momentum, rising approximately 2.6% to trade near $73,600. Analysts stress that Bitcoin must hold above the $72,500 support level to sustain bullish momentum toward $80,000, $90,000, and a widely watched $100,000 target. The upcoming Federal Reserve rate decision is seen as a potential short-term catalyst, with its policy signals likely influencing institutional inflows into spot Bitcoin ETFs.
Despite holding around $3.35 billion in unrealized losses, Strategy remains the largest publicly traded corporate Bitcoin holder on record.
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