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Strategy’s Unstoppable Bitcoin Buying Spree: $1.6 Billion Acquisition Boosts Holdings to 761,000 BTC

Strategy’s Unstoppable Bitcoin Buying Spree: $1.6 Billion Acquisition Boosts Holdings to 761,000 BTC

2026-03-17

Strategy's Unstoppable Bitcoin Buying Spree: $1.6 Billion Acquisition Boosts Holdings to 761,000 BTC

Michael Saylor’s strategy bought 22,337 Bitcoin last week. The company spent $1.57 billion on the purchase. This brings Strategy’s total BTC to 761,068. The total value of those holdings is about $57.61 billion. The acquisition cost $70,194 per Bitcoin on average. That’s less than Strategy’s overall average price of $75,696.

Record STRC Sales Fuel Bitcoin Buying

The funds came from selling Stretch (STRC) shares. Sales reached a record high during the week. Approximately 10,767 BTC were bought over four days.

The company’ sold 11.9 million STRC shares for $1.18 billion. The net proceeds from that sale covered 75% of the BTC purchase cost. Strategy used those proceeds to buy more Bitcoin. Funding the buy was part of a consistent financial approach. The company made its largest STRC sale in recent memory.

Also Read: BlockFills Files Chapter 11 Bankruptcy as Crypto Markets Slide

Strategy’s Steady Accumulation

The company now holds 761,068 BTC. To hit one million, they would need to buy another 238,932 BTC. That’s roughly 5,700 BTC each week for the next 42 weeks in 2026. It seems clear they’re pushing forward with their Bitcoin buildup. They have a solid market stance and good financial strength to grow their crypto positions.

Also Read: South Korea Crypto Trading Jumps, XRP Dominates as 14 Altcoins Climb

Conclusion

STRC preferred stock is seeing more activity. On March 9, the company relaxed its sales guidelines. Now trading can happen longer hours with a second broker.

That change helped push STRC to a record week. Big buying volumes were seen during that time. Hard to ignore how much interest there is in the stock right now. Company’s newest Bitcoin buy shows its solid commitment to building up crypto positions.

Strategy
Source: sec.gov

Also Read: European Union Strengthens Crypto Transparency With New Directive Tax

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