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Bitcoin proxy Strategy buys 22,337 Bitcoin for $1.6 billion

By Vivian Nguyen · Published March 16, 2026 · 1 min read · Source: Crypto Briefing
Bitcoin
Bitcoin proxy Strategy buys 22,337 Bitcoin for $1.6 billion

Bitcoin proxy Strategy buys 22,337 Bitcoin for $1.6 billion

The company's total Bitcoin holdings now stand at 761,068 BTC, worth around $56 billion.

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Add us on Google by Vivian Nguyen Mar. 16, 2026

Strategy, the Virginia-based software company that has transformed itself into the largest corporate holder of Bitcoin, acquired 22,337 Bitcoin during the week ending March 15 for approximately $1.6 billion.

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 purchase, disclosed in a regulatory filing today, brings the firm’s total holdings to 761,068 Bitcoin valued at $56 billion at current market prices.

The company funded the latest acquisition through its at-the-market equity offering program, selling 11.8 million shares of its STRC preferred stock for nearly $1.2 billion in net proceeds and 2.8 million shares of its MSTR common stock for $396 million.

Strategy paid an average price of $70,194 per Bitcoin during the reporting period, representing a discount to current spot prices.

The filing reveals that Strategy retains substantial firepower for future purchases. Across its various securities, the company has around $34 billion remaining available for issuance and sale.

Its STRK preferred stock alone accounts for over $20 billion of that capacity, while over $6 billion remains under its common stock program. The STRF, STRD, and STRC preferred offerings hold an additional $7.6 billion in combined capacity.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
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