Michael Saylor’s Strategy bought 22,337 Bitcoin last week for about $1.57 billion, according to a U.S. Securities and Exchange Commission filing, pushing its total reserves past 761,000 BTC. That purchase follows a 17,994 BTC buy for roughly $1.28 billion the prior week and ranks among the company’s five largest single acquisitions.
Strategy reported the recent batch was acquired at an average price of $70,194 per BTC, below its aggregate average acquisition cost of $75,696. Bitcoin’s average closing price for the week of March 9–15 was $70,571. With this latest addition, Strategy’s holdings stand at 761,068 BTC, bought for a cumulative cost of about $57.61 billion.
The company funded much of the purchase by selling record amounts of its perpetual preferred equity, Stretch (STRC), after it relaxed STRC sales rules on March 9. Bitcoin Quant founder Rohan Hirani noted this was the first week Strategy could operate the STRC automated program in extended hours with a second broker. STRC Live estimated roughly 10,767 BTC were acquired over four active days tied to these transactions.
During the week Strategy sold about 11.9 million STRC shares for $1.18 billion; net proceeds from those sales covered roughly 75% of the Bitcoin buy. The company also sold 2.8 million of its Common A shares (MSTR), raising about $396 million.
At its current holding of 761,068 BTC, Strategy would need another 238,932 BTC to reach 1 million. Achieving that over the remaining 42 weeks of 2026 would require acquiring roughly 5,700 BTC per week. The figures above are drawn from Strategy’s SEC filing and market-tracking sources.
