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Strategy returns to 'small' bitcoin purchases, adding $76.6 million in BTC last week

Led by Executive Chairman Michael Saylor, Strategy acquired 1,031 bitcoin, bringing holdings to 762,099 coins.

Updated May 4, 2026, 4:58 a.m. Published Mar 23, 2026, 12:22 p.m. 1 min read
Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

What to know:

  • Strategy last week purchased 1,031 BTC for $76.6 million, a sizable drop from $1 billion-plus purchases in the previous two weeks.
  • Total bitcoin holdings reach 762,099 BTC acquired at an average cost of $75,694 each, versus the current price just under $70,000.

Disclosure: The author of this story owns shares in MicroStrategy (MSTR).

Michael Saylor's Strategy (MSTR) continued to add to bitcoin holdings last week, but at a vastly reduced pace from recent previous acquisitions.

The leading bitcoin treasury company last week added 1,031 bitcoin for a total cost of $76.6 million, or $74,326 per coin.

Strategy’s total holdings now stand at 762,099 BTC, acquired for approximately $57.69 billion, or an average price of $75,694 each.

The new buys were entirely funded via the sales of common stock, according to a Monday filing.

This latest acquisition was at a vastly reduced scale compared to the previous two weeks, when the company purchased more than $1 billion of bitcoin, taking advantage of the issuance of its STRC preferred shares.

Bitcoin is currently trading around $70,000. MSTR shares are higher by 1.7% in premarket trading.

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Bitcoin price chart on a screen (Behnam Norouzi/Unsplash)

NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.

What to know:

  • A $1.26 billion block sale of BlackRock’s IBIT shares was likely a rapid exit by a large investor, not an arbitrage unwind, according to NYDIG.
  • The seller of the $1.26 billion IBIT block accepted a 2.3% discount ($29.5 million loss), signaling a priority on speed and certainty over maximizing price.