Michael Saylor's Strategy made another huge buy of bitcoin, adding $1.57 billion worth last week

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Michael Saylor's Strategy made another huge buy of bitcoin, adding $1.57 billion worth last week The company's stack now stands at 761,068 bitcoin, acquired for $57.61 billion. By James Van Straten | Edited by Stephen Alpher Mar 16, 2026, 12:11 p.m. Make us preferred on Google What to know : Strategy purchased 22,337 bitcoin for $1.57 billion last week. The acquisitions were funded mostly through sales of perpetual preferred equity Stretch (STRC) and also with common stock sales. Shares were up 4% in early trading alongside a weekend rise in the price of bitcoin to $73,600. Strategy (MSTR), the world's largest publicly traded holder of bitcoin, continued with its large string of weekly purchases, adding $1.57 billion worth of BTC, according to a Monday filing . Led by executive chairman Michael Saylor , the company added 22,337 bitcoin at an average price of $70,194 per coin, bringing holdings to 761,068 coins, acquired for $657.61 billion, or an average of $75,696 per coin. Bitcoin was trading at $73,600 on Monday morning, higher by 2.6% over the past 24 hours. The latest addition to the company's bitcoin stash was mostly funded via $1.1 billion in sales of the firm's STRC series of preferred stock. The company also sold $396 million of common stock. MSTR shares are up 4% in pre-market trading as bitcoin rose through the weekend, currently trading at $73,600, up 2.6% over the past 24 hours. Bitcoin News Strategy Michael Saylor Breaking News top news More For You Metaplanet raises $255 million to accelerate bitcoin accumulation By James Van Straten | Edited by Sheldon Reback 1 min. ago The Japanese bitcoin treasury firm structured the financing with premium-priced shares and warrants that could unlock up to $531 million. What to know : Metaplanet raised 40.8 billion yen ($255 million) through a share placement priced at a 2% premium, paired with warrants carrying a 10% premium strike that could add another 44.5 billion yen if exercised. The company introduced a new warrant structure tied to net asset value and suspended older warrants representing up to 210 million shares to limit dilution and prioritize funding for additional bitcoin purchases. Read full story Latest Crypto News Metaplanet raises $255 million to accelerate bitcoin accumulation 1 min. ago SEC drops lawsuit against BitClout’s Nader Al-Naji 6 minutes ago South Korea fines Bithumb $24 million, orders 6-month partial suspension over money laundering violations 8 minutes ago Memecoins outpace bitcoin, ether as 'barbell strategy' wins out 42 minutes ago Altcoins jump as bitcoin inches toward potential $74,000 breakout 1 hour ago Trump-backed WLFI passes proposal letting $5 million stakers buy 'direct access' to team 3 hours ago Top Stories Crypto trading firm Blockfills files for bankruptcy 7 hours ago Bitcoin's price trades above its 50-day average as bullish move gathers pace 7 hours ago The math behind Strategy’s path to 1 million bitcoin by the end of 2026 Mar 14, 2026 AI developers may not be keen on crypto, but stablecoins are the secret to agentic finance, crypto insiders say Mar 14, 2026 Wall Street pushes tokenized stocks, but institutions aren’t eager to trade them Mar 14, 2026 Here is why Nasdaq and owner of NYSE are putting the $126 trillion equity market on blockchain 20 hours ago