Strategy Bolsters Bitcoin Stash with $1.6 Billion Purchase
Strategy, the Virginia-based technology firm that has aggressively pivoted to become the largest publicly traded corporate holder of Bitcoin, announced a significant new acquisition. In a regulatory filing and accompanying social media post, the company revealed it purchased 22,337 Bitcoin during the week ending March 15, 2026, for approximately $1.57 billion.
The transaction, disclosed in a Form 8-K filing with the Securities and Exchange Commission, brings Strategy’s total Bitcoin treasury to 761,068 BTC. At current market prices, this holdings is valued at roughly $56 billion. The company stated it paid an average of $70,194 per Bitcoin during the period, a price point that represented a discount to the spot market value at the time of purchase.
Funding the Acquisition via Equity Offerings
The purchase was financed through Strategy’s ongoing at-the-market equity offering programs. The filing details that the company sold 11.8 million shares of its STRC preferred stock, generating nearly $1.2 billion in net proceeds. Additionally, 2.8 million shares of its MSTR common stock were sold, raising approximately $396 million. This capital was then deployed to acquire the new Bitcoin tranche.
Substantial Firepower Remains for Future Buys
The filing underscores Strategy’s continued commitment to its Bitcoin-centric strategy by revealing significant remaining capacity under its various securities programs. Across all its authorized offerings, the company has approximately $34 billion in additional securities it can still issue and sell.
This financial flexibility is distributed across several instruments. The STRC preferred stock program alone accounts for over $20 billion of available capacity. Furthermore, more than $6 billion remains under its common stock program, while the STRF, STRD, and STRC preferred offerings collectively hold an additional $7.6 billion in combined capacity.
This latest acquisition reaffirms Strategy’s position as a dominant institutional player in the cryptocurrency market, utilizing public markets to systematically accumulate Bitcoin as a primary treasury reserve asset.
Source: Strategy, Inc. Form 8-K filed March [Date], 2026; Company tweet (@Strategy), March 16, 2026. Valuation based on market prices as of the reporting date.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
