1 week ago
12
Michael Saylor's Strategy has bought a whopping amount of BTC in its latest move.
Strategy, the world’s largest corporate Bitcoin holder, has announced a massive purchase worth $1.28 billion.
The firm bought a total of 17,994 BTC at an average price of $70,946 per unit. This may explain last week’s surge in prices.
With this, Strategy now holds a whopping 738,731 BTC, which it acquired for approximately $56 billion at an average price of $75,862 per bitcoin.
Strategy has acquired 17,994 BTC for ~$1.28 billion at ~$70,946 per bitcoin. As of 3/8/2026, we hodl 738,731 $BTC acquired for ~$56.04 billion at ~$75,862 per bitcoin. $MSTR $STRChttps://t.co/1fkG7ehye1
— Strategy (@Strategy) March 9, 2026
The industry remains torn on the firm’s approach, with some analysts and observers criticizing the plan to leverage company shares to buy Bitcoin exclusively. That said, at the time of this writing, Strategy sits on an unrealized loss of about $6 billion, as BTC prices went through serious volatility today.
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About the author
Georgi Georgiev is CryptoPotato's editor-in-chief and a seasoned writer with over 8 years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping.
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