Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, completed its 101st Bitcoin purchase, pushing total holdings above 720,000 BTC.
The company acquired 3,015 Bitcoin (BTC) for $204.1 million last week, according to a U.S. Securities and Exchange Commission filing. The average buy price for this tranche was $67,700 per BTC, below Strategy’s overall average acquisition cost of $75,985.
The purchase brings Strategy’s holdings to 720,737 BTC, acquired for a total cost of about $54.8 billion.
This latest buy is one of a small number made below the company’s average cost basis, per data compiled by SaylorTracker. The first such below-cost purchase this year occurred on Feb. 9, when Strategy bought 1,142 BTC during a market dip; that batch’s reported average acquisition price was $78,815, above the market price at the time. Strategy faced a similar below-cost stretch in 2022–2023, completing seven purchases totaling 28,560 BTC when market prices fell beneath its then cost basis of roughly $30,600.
Strategy’s Nasdaq-listed shares (MSTR) saw modest gains last week, rising from about $125 on Monday to nearly $130 by Friday, according to TradingView. Bitcoin itself was largely range-bound over the period: starting the week near $65,000, briefly surpassing $69,000 midweek, dipping under $64,000, and trading around $65,834 at the time of publication.
Separately, Strategy’s chairman announced a rise in the dividend on the company’s STRC preferred stock (“Stretch”) to 11.50% for March 2026, up from 11.25%. Capital raised via that stock can be used for corporate purposes, including potential Bitcoin purchases.