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Strategy buys 3,015 bitcoin, tops 720,000 BTC

Catenaa, Saturday, March 07, 2026- Strategy said it purchased 3,015 bitcoin for about $204.1 million between February 23 and March 1, pushing its total holdings above 720,000 BTC, according to a filing with the Securities and Exchange Commission.

The company paid an average of $67,700 per bitcoin in the latest acquisition. It now holds 720,737 BTC acquired at an average price of $75,985 per coin, for a total cost of roughly $54.8 billion, including fees.

At current prices, the holdings are valued near $47.5 billion. The position represents just over 3.4% of bitcoin’s fixed 21 million supply.

Executive Chairman Michael Saylor has continued to expand the firm’s bitcoin treasury strategy through equity sales and preferred stock offerings.

 The latest purchases were funded through at-the-market sales of its Class A common stock and perpetual preferred shares.

The company said billions of dollars in share issuance capacity remain available under multiple programs. Its capital plan targets up to $84 billion in equity and convertible notes through 2027 to fund further bitcoin acquisitions.

Strategy’s approach has drawn attention as more public companies adopt bitcoin treasury models. Data show nearly 200 public firms now hold bitcoin on their balance sheets, though many shares have declined from 2025 peaks as valuation premiums narrowed.

Strategy’s stock ended last week lower, while bitcoin prices also slipped over the same period