Strategy Inc. Acquires 3,015 Bitcoin for $204.1 Million

photo of Michael Saylor

Strategy Inc. (MSTR) has purchased an additional 3,015 Bitcoin for an aggregate amount of $204.1 million, according to a Form 8-K filing submitted to the SEC on March 2, 2026. The acquisition occurred between February 23, 2026, and March 1, 2026, at an average price of $67,700 per Bitcoin, inclusive of fees and expenses.

The purchase was funded through a combination of proceeds from the company's at-the-market (ATM) offering program. This included the sale of 1,730,563 shares of Class A common stock (MSTR), which generated net proceeds of $229.9 million, and the sale of 71,590 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), which generated net proceeds of $7.1 million. These equity sales provided the capital used for the Bitcoin acquisition.

As of March 2, 2026, Strategy Inc.'s total Bitcoin holdings stand at 720,737 BTC. These holdings were acquired at an aggregate purchase price of $54.77 billion, resulting in an average cost of $75,985 per Bitcoin. This latest addition crosses the threshold of 720,000 BTC in the company's treasury.

The transaction reflects Strategy Inc.'s continued use of targeted equity offerings to expand its Bitcoin position. By combining sales of common stock and STRC preferred stock, the company accesses funds for such purchases while maintaining flexibility in its capital structure.

This approach aligns with the firm's established treasury strategy of accumulating Bitcoin. With holdings now exceeding 720,000 BTC, Strategy Inc. remains the largest corporate holders of the asset.