Strategy Buys 17,994 Bitcoin for $1.28 Billion, Holdings Reach 738,731 BTC

MicroStrategy disclosed that it purchased 17,994 bitcoin between March 2–8 for about $1.28 billion, paying an average of $70,946 per coin, according to the company’s SEC filing and reporting by multiple outlets.

“Strategy, the bitcoin treasury company led by executive chairman Michael Saylor, purchased another 17,994 bitcoin for about $1”

Bitcoin Magazine

The trade was reported across industry outlets as a concentrated buy over that March 2–8 window and was described consistently with the same headline figures.

Bitcoin Magazine

The purchase raised MicroStrategy's total bitcoin holdings to 738,731 BTC.

Reporting placed the cumulative cost to amass that position at roughly $56 billion.

Cointelegraph

The overall average acquisition price was near $75,862 per coin.

At market prices near $68,000, outlets estimated the stash's value at about $50 billion.

The position keeps MicroStrategy the largest corporate or publicly traded Bitcoin holder.

MicroStrategy funded the latest tranche through equity and preferred-stock programs.

“How Much Bitcoin Did Strategy Buy”

FinanceFeeds

The company disclosed financing via at-the-market sales of Class A common stock and issuance of perpetual preferred stock.

Outlets reported specific share sales and remaining issuance capacity under those programs.

Media coverage highlighted both the use of standard capital markets tools to finance bitcoin accumulation and the sizeable issuance capacity still available to the firm.

Observers placed the trade in the context of MicroStrategy's ongoing accumulation strategy.

Outlets noted it was the company's largest buy since January's 22,305 BTC purchase and that MicroStrategy continued to buy while bitcoin traded below the company's overall cost basis.

Bitcoin Magazine

Reports documented that, since Feb. 9, the company completed multiple purchases during the current below-cost period, underscoring a deliberate, steady accumulation approach.

Analysts and reports emphasized the scale of MicroStrategy’s position relative to the total bitcoin supply.

“Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, added another large tranche of BTC to its holdings last week, pushing total reserves above 738,000 BTC”

Cointelegraph

They also highlighted the company’s available financing runway.

Cointelegraph

Outlets calculated the holding at over 3.4% of Bitcoin’s 21 million supply.

Reports noted multiple preferred‑stock programs that together provide more than $30 billion of potential financing capacity.

Specific remaining issuance capacity was reported as of March 8.