Strategy, like an old miser in a dusty provincial town, has once again opened its purse, this time adding a cool $1.28 billion worth of Bitcoin to its already absurdly full collection. One can almost hear Michael Saylor, the executive chairman, chuckling quietly as he hinted at the purchase on Thursday, as though revealing a secret to no one in particular.
Almost 740,000 BTC – Heaven Help Us
The dusty pages of a Form 8-K, filed with the ever-watchful U.S. Securities and Exchange Commission, reveal that between March 2 and March 8, the firm quietly acquired 17,994 Bitcoins at an average price of $70,946 each. One imagines accountants with their brows knitted, muttering softly: “Why, oh why?”
Now, the company’s hoard totals an almost mythical 738,731 BTC. They’ve spent $56.04 billion to reach this point, with an average coin price of $75,862. Truly, an empire built not of land or serfs, but of numbers on a screen.
The latest acquisition came courtesy of their at-the-market (ATM) offering program, which sounds as charming and harmless as a tea kettle, yet yields billions. During the same week, Strategy raised a modest sum of $1.276 billion by selling common and preferred stock, a trifle, really, for those with a taste for the dramatic.
And yet, there remains a treasure trove-over $6.7 billion in common stock waiting to be issued, and tens of billions more scattered across preferred stock types (STRF, STRC, STRK, and STRD). One can almost picture a weary clerk, sighing under the weight of all those letters and numbers, thinking: “Surely, there is enough here to float a small fleet.”
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2026-03-09 15:35