Strategy, formerly known as MicroStrategy, made a significant investment in Bitcoin by acquiring 17,994 BTC for approximately $1.28 billion. The average price per coin in this transaction was around $70,946.
This is reported by Business • Media
The company’s total reserve exceeded 738,000 BTC
Following the latest purchase, Strategy’s total Bitcoin portfolio reached 738,731 BTC. According to the company itself, all these digital assets were acquired for a total value of about $56.04 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.”
The purchase matched the reserves of leading miners
Crypto analyst Tyler Rowe noted that in just one week, Strategy purchased as much Bitcoin as is currently held by major mining company Riot Platforms. He emphasized that Strategy effectively acquired the entire supply of the firm, which ranks seventh in the world by Bitcoin reserves, in just a few days.
“Strategy bought as much Bitcoin this week as Riot miners hold on their balance. In fact, the company acquired the entire treasury of the firm that ranks seventh in Bitcoin reserves in just a few days,” he stated.
Since the beginning of 2026, Strategy has already acquired 66,231 BTC, continuing to increase its investments in the leading cryptocurrency.
As of March 2026, Strategy’s shares (MSTR) are valued at approximately $136, which is a 19% increase from a month ago.
At the time of writing, Bitcoin is trading around the $69,000 mark.
It is worth noting that investors had previously been actively opening short positions on Strategy’s shares.