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Strategy buys 3,015 Bitcoin more at $67,700

By Vivian Nguyen · Published March 2, 2026 · 1 min read · Source: Crypto Briefing
Bitcoin
Strategy buys 3,015 Bitcoin more at $67,700

Strategy buys 3,015 Bitcoin more at $67,700

The firm confronts unrealized losses as Bitcoin trades below the firm's average purchase price.

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Add us on Google by Vivian Nguyen | Powered by Gloria Mar. 2, 2026

Strategy, the enterprise software firm that has become the world’s largest corporate holder of Bitcoin, today disclosed the purchase of 3,015 BTC for $204 million, bringing its total digital asset reserves to 720,737 coins worth over $47 billion.

The company, led by executive chairman Michael Saylor, acquired the stash at an average cost of $67,700 each between February 23 and March 1. The transaction marks the firm’s 101st Bitcoin acquisition since it began stockpiling the asset.

Strategy’s aggregate Bitcoin position now carries a cost basis of $54.7 billion, or roughly $75,985 per coin. With Bitcoin trading well below that level, the company faces estimated unrealized losses of $7.2 billion.

According to a new SEC filing, the firm funded the latest purchase through its at-the-market equity program, selling 1.7 million shares of Class A common stock for net proceeds of nearly $230 million. It also issued 71,590 shares of its variable-rate STRC preferred stock, generating over $7 million after commissions.

Separately, Strategy announced that its board raised the annual dividend rate on STRC shares to 11.5% from 11.25%, effective for monthly periods starting March 1. The increase represents the seventh consecutive hike since July 2025, part of an effort to support the preferred stock’s value and attract income-focused investors.

Strategy also declared quarterly dividends across its suite of perpetual preferred instruments. Holders of STRF and STRD shares will receive $2.5 per share, while STRK investors will collect $2. The euro-denominated STRE class will pay €2.5.

This article was originally published on Crypto Briefing and is republished here under RSS syndication for informational purposes. All rights and intellectual property remain with the original author. If you are the author and wish to have this article removed, please contact us at [email protected].

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