Strategy inc, has once again demonstrated its aggressive approach to building its Bitcoin treasury, announcing a significant new purchase in its latest SEC filing. The company scooped up 22,337 BTC at a total cost of around $1.57 billion, entering at an average price of $70,194 per Bitcoin. With this addition, Strategy's Bitcoin holdings now stand at 761,068 BTC, amassed over time for a total investment of $57.61 billion and an overall average acquisition cost of $75,696 per coin.
What sets this latest move apart is the outsized and rapidly growing role played by STRC, Strategy's Variable Rate Series A Perpetual Stretch Preferred Stock. Through its at-the-market program, the company sold 11,818,467 shares of STRC, pulling in net proceeds of approximately $1.180 billion. These funds were directly allocated to acquire roughly 16,753 BTC—equating to a striking 75% of the total 22,337 BTC added in this period. This represents a dramatic jump in STRC dominance, up sharply from the 30% contribution seen in last week's major Bitcoin buy, and illustrates how quickly the preferred stock has become the dominant and most efficient funding mechanism for Strategy's Bitcoin accumulation strategy.
Prior market expectations had pegged STRC's contribution more modestly, with analysts forecasting it would support purchases of about 10,767 BTC this week. The reality proved far more robust: STRC-backed buys reached 16,753 BTC, or about 55.6% more Bitcoin than projected. This substantial overperformance reflects exceptionally strong demand for the instrument in the days leading up to March 15, 2026, and enabled Strategy to execute one of its most substantial weekly Bitcoin accumulations to date while minimizing dependence on more dilution-sensitive common equity channels.
Channeling 75% of the $1.57 billion deployment through STRC proceeds signals a maturing and deliberate evolution in Strategy's capital-raising playbook. The perpetual preferred structure delivers a more consistent, yield-driven avenue for committed investors, closely aligned with the company's unwavering view of Bitcoin as a premier reserve asset. As the leading corporate accumulator of Bitcoin, Strategy keeps transforming robust securities demand into accelerated treasury growth in a continually shifting cryptocurrency environment.