Strategy Expands BTC Stash With Additional $204.1M Purchase

Strategy has solidified its position as the largest corporate holder of Bitcoin globally by acquiring an additional 3,015 BTC for approximately $204.1 million. The purchase, made at an average price of $67,700 per coin, took place between February 23 and March 1, 2026.

This latest transaction has increased the company’s total Bitcoin holdings to 720,737 BTC, with an overall investment of $54.77 billion, resulting in an average purchase price of $75,985 per Bitcoin. Michael Saylor, the company’s Executive Chairman, shared the update directly on X, where it received significant engagement from the crypto community.

Strategy Buys More Bitcoin

Strategy’s latest addition was funded through its at-the-market equity program. The company sold 1,730,563 Class A common shares and 71,590 STRC preferred shares, generating net proceeds of about $237.1 million. Most of these funds were allocated to bitcoin acquisition, while the remainder likely covered operational needs or future opportunities. 

The latest purchase is the company’s 101st, part of its treasury strategy, and marks the 10th consecutive week of buying since late last year. This shows a careful approach to acquiring assets during market ups and downs. At the same time, the company increased the annual dividend for its STRC preferred stock to 11.50% and announced upcoming cash dividends for several preferred stock series. 

Broader Market Context

Strategy’s leadership in corporate adoption continues to inspire parallel efforts elsewhere. For example, ProCap Financial, the publicly traded agentic finance firm chaired and led by Anthony Pompliano, recently acquired 450 BTC, elevating its holdings to 5,457 BTC while lowering its average cost basis per coin. 

Over the same period, the company repurchased 782,408 shares of its common stock at significant discounts to net asset value, narrowing the trading gap. The company plans to buy more Bitcoin and repurchase its shares, making ProCap the 19th-largest public holder of Bitcoin. 

The apex coin has traded within a narrow range of about $65,500 to $68,200, currently closing around $66,000 according to Coingecko. Bitcoin is currently experiencing its longest losing streak in five months, the worst since 2018, accompanied by significant outflows from bitcoin ETFs, amounting to several billion dollars.

Meanwhile, recent geopolitical developments, such as tensions between the U.S. and Iran, have added uncertainty. Observers, however, expect possible signs of recovery in March, driven by ongoing institutional investments and shifts in risk assets.

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