Strategy disclosed it bought 22,337 BTC for $1.57 billion last week, pushing its bitcoin holdings above 760,000 BTC.
The purchase was reported in a Monday filing with the US Securities and Exchange Commission.
Purchase details
Strategy said it paid an average of $70,194 per BTC.
That is below the company’s overall average acquisition price of $75,696.
The company’s total holdings rose to 761,068 BTC, acquired for about $57.61 billion in aggregate.
STRC sales ramp up
The buy coincided with record sales of Strategy’s perpetual preferred equity, Stretch (STRC), after the company eased its sales rules on March 9.
Bitcoin Quant founder Rohan Hirani wrote on X:
“This was the first week Strategy could run the STRC ATM in extended hours with a second broker.”
According to the filing, Strategy sold 11.9 million STRC shares for $1.18 billion during the week.
Net proceeds accounted for about 75% of the bitcoin purchase, it said.
Strategy also sold 2.8 million Class A common shares (MSTR), generating $396 million.
How far from 1 million BTC
With 761,068 BTC on its balance sheet, Strategy would need 238,932 BTC to reach 1 million BTC.
The article estimated that would be about 5,700 BTC per week over the remaining 42 weeks of 2026.
