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Strategy purchased more than $200 million in bitcoin last week

By James Van Straten · Published March 2, 2026 · 2 min read · Source: CoinDesk
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Strategy purchased more than $200 million in bitcoin last week

The latest purchase, funded through common and preferred stock sales, lifted total holdings to 720,737 coins valued at more than $47 billion.

By James Van Straten|Edited by Stephen Alpher Mar 2, 2026, 1:26 p.m. GoogleMake us preferred on Google
Michael Saylor, Executive Chairman of Strategy (MSTR)

What to know:

Strategy (MSTR), the world's largest publicly traded corporate holder of bitcoin, expanded its position last week by acquiring 3,015 BTC for approximately $204.1 million, or an average price of $67,700 each.

Bitcoin is trading at $66,000 on Monday morning, with MSTR shares flat in early action.

To fund the buys, Strategy raised roughly $229.9 million through common stock sales, along with $7.1 million in net proceeds of its Variable Rate Series A Perpetual Stretch Preferred Stock, STRC, according to a Monday filing.

Following the latest purchase, the company now holds 720,737 BTC acquired for roughly $54.77 billion, or an average price of approximately $75,985 per coin.

Bitcoin NewsMichael SaylorStrategy

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