{"id":51145,"date":"2026-03-16T07:14:01","date_gmt":"2026-03-16T12:14:01","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=51145"},"modified":"2026-03-16T07:52:42","modified_gmt":"2026-03-16T12:52:42","slug":"strategy-mstr-spends-1-57-billion","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/news\/strategy-mstr-spends-1-57-billion","title":{"rendered":"Strategy (MSTR) Spends $1.57 Billion to Buy 22,337 More Bitcoin, Holdings Reach 738,731 BTC"},"content":{"rendered":"
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Strategy, the bitcoin treasury company led by executive chairman Michael Saylor, purchased another 22,337 bitcoin for about $1.57 billion last week, continuing one of the largest corporate accumulation strategies in the crypto market.<\/p>\n\n\n\n

The company disclosed in a filing<\/a> with the U.S. Securities and Exchange Commission that the purchases took place between March 9 and March 13 at an average price of $70,194 per coin. The acquisition brings the firm\u2019s total holdings to 761,068 bitcoin.<\/p>\n\n\n\n

Strategy said its cumulative bitcoin holdings were acquired for roughly $57.61 billion at an average price of about $75,696 per coin. At the current price near $74,000, the company\u2019s holdings carry a market value close to $50 billion.<\/p>\n\n\n\n

The stash represents more than 3.4% of the fixed 21 million supply of Bitcoin, reinforcing MSTR\u2019s status as the largest corporate holder of the asset.<\/p>\n\n\n\n

Last week, Strategy purchased<\/a> 17,994 bitcoin for about $1.28 billion at an average price of $70,946 per coin, bringing the company\u2019s total holdings to 738,731 bitcoin.<\/p>\n\n\n\n

At the time of writing, Strategy\u2019s stock<\/a> (MSTR) is trading up 4.40% in pre-market. Bitcoin is trading slightly shy of $74,000.<\/p>\n\n\n\n

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BREAKING: Michael Saylor's Strategy purchased 22,337 Bitcoin for $1.57 BILLION \ud83d\ude80 pic.twitter.com\/fL78CUX3GJ<\/a><\/p>— Bitcoin Magazine (@BitcoinMagazine) March 16, 2026<\/a><\/blockquote>