Michael Saylor’s Strategy made one other weekly Bitcoin buy final week, marking the corporate’s eleventh consecutive buy. The MSTR inventory worth rose following the announcement of this newest buy, paring most of its losses in premarket buying and selling.
Strategy Acquires 17,994 BTC, MSTR Stock Price Rises
An SEC filing reveals that the corporate acquired 17,994 BTC for $1.28 billion at a median worth of $70,946 per Bitcoin. It now holds 738,731 BTC, which it acquired for $56.04 billion at a median worth of $75,862 per Bitcoin.
The SEC submitting additionally confirmed that Strategy used the MSTR and STRC inventory to fund this newest buy. It bought 6.3 million and three.8 million shares, elevating web proceeds of $899.5 million and $377.1 million, respectively.
This notably marks the corporate’s second-largest buy this 12 months, simply behind the 22,305 BTC buy it made in January. This can be the most important quantity of proceeds Strategy has raised from the STRC on the market (ATM) program this 12 months, with MSTR sometimes accounting for a lot of the proceeds from purchases, which has weighed on the MSTR inventory worth.
As CoinGape reported, Saylor had hinted about this Strategy Bitcoin purchase yesterday in his typical X put up. He posted the corporate’s BTC portfolio tracker, with the caption, “The Second Century Begins.”
The Second Century Begins. pic.twitter.com/stZzNhLgay
— Michael Saylor (@saylor) March 8, 2026
Saylor and his firm proceed to build up amid this market downtrend, which has put their funding within the purple. DropsTab information reveals that Strategy is presently sitting on an unrealized lack of simply over $6 billion on its BTC holdings.
The MSTR inventory worth has climbed and pared its losses from earlier within the day amid the announcement of this newest Strategy Bitcoin buy. TradingView information reveals that Strategy’s stock price is buying and selling at round $133, down lower than 1% from final week’s shut of $133.53.
