Michael Saylor's Strategy made $1.3 billion bitcoin purchase last week

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Michael Saylor's Strategy made $1.3 billion bitcoin purchase last week The company now holds 738,731 bitcoin purchased for about $56 billion and worth roughly $50 billion at the current price just shy of $68,000. By Stephen Alpher Mar 9, 2026, 12:11 p.m. Make us preferred on Google Michael Saylor, Executive Chairman of Strategy (Gage Skidmore/CC BY-SA 2.0/Modified by CoinDesk) Led by Executive Chairman Michael Saylor, Strategy (MSTR) made a massive bitcoin purchase last week. The leading bitcoin treasury company added 17,994 bitcoin to its holdings for a total cost of $1.28 billion, or $70,946 per coin. The company stack now stands at 738,731 BTC acquired for $56.04 billion, or $75,862 per coin. Bitcoin is currently trading just below $68,000. Last week's buys were mostly funded via $900 million in sales of common stock. The company also sold $377 million of its STRC preferred series of stock, according to a Monday morning filing . MSTR shares are higher by 0.2% in pre-market trading. Michael Saylor Bitcoin News Strategy More For You Pudgy Penguins: Challenging the Pokemon and Disney Legacy in the Global IP Race By CoinDesk Research Feb 27, 2026 Commissioned by Pudgy Penguins CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events. What to know : Disrupting a Stagnant Market : Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product. View Full Report More For You Bitcoin is beating stocks and gold as the Middle East conflict rattles global markets By James Van Straten , Omkar Godbole | Edited by Oliver Knight 34 minutes ago Bitcoin has outperformed precious metals and U.S. equities since the war in Iran first began, softening sentiment after a rough start to the year. What to know : Bitcoin has climbed 3.5% since the conflict began, while traditional "safe havens" like gold and silver have dropped 5% and 12%, respectively. The return of the "Coinbase premium" and steady spot ETF inflows suggest that large-scale U.S. investors are viewing current price levels as an attractive entry point. The rally is being supported by a "cleaner" market; recent data shows that risky, high-leverage bets have been cleared out, leaving the floor open for more stable, spot-driven demand. Read full story Latest Crypto News Bitcoin is beating stocks and gold as the Middle East conflict rattles global markets 34 minutes ago Bitcoin stays calm while other markets panic: key levels to watch 48 minutes ago Nasdaq and Kraken are teaming up to let you trade tokenized stocks 55 minutes ago U.S. inflation, Polkadot upgrade, Solstice-Kamino announcement: Crypto Week Ahead 1 hour ago Bitcoin rises as oil spikes, equities drop 1 hour ago Nigel Farage takes 6% stake in UK bitcoin treasury firm Stack BTC 2 hours ago Top Stories U.S. isn’t really exposed to oil shocks and that might be helping bitcoin stay resilient 6 hours ago Oil pulls back from 25% spike as G7 discusses emergency reserve release 4 hours ago Bitcoin could face deeper downside as odds of U.S. market meltdown rise to 35% 7 hours ago Trump's cyber strategy vows to 'support the security' of cryptocurrencies and blockchain Mar 7, 2026 Clarity Act will benefit banks more than crypto, former CFTC chair says 3 hours ago Bitcoin dip may not be over as whales sell into retail buying — a bearish signal Mar 8, 2026