Strategy set for second-biggest bitcoin buying quarter despite BTC price slide

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strategy set for second-biggest bitcoin buying quarter despite BTC price slide First-quarter purchases have reached 89,618 BTC so far, the most since fourth-quarter 2024, and the quarter is not yet over. By James Van Straten | Edited by Sheldon Reback Mar 21, 2026, 2:00 p.m. Make us preferred on Google Strategy Purchases (MSTR Dashboard) What to know : Strategy has bought 89,618 BTC this year, taking total holdings to 761,068 BTC, with two more Mondays left in the quarter for potential purchases. Only fourth-quarter 2024 was larger, when the company added 194,180 BTC as the bitcoin price climbed 40% to $100,000. Strategy (MSTR), already the world's biggest corporate holder of bitcoin BTC $ 70,721.63 , is on track to record its second-largest quarterly accumulation, continuing its aggressive treasury expansion even as the cryptocurrency's price sank 20%. Since January, the company has bought 89,618 BTC, bringing its total holdings to 761,068 BTC. With two Mondays still left for potential purchase announcements this quarter, that number could grow even further. The only time Strategy has bought more bitcoin was fourth-quarter 2024, when it added 194,180 BTC. That November alone accounted for three of the company’s five largest purchases, with Strategy buying 27,200 BTC, 51,780 BTC, and 55,500 BTC in quick succession as the price surged to $100,000 from $70,000 following President Donald Trump’s second election victory. In contrast, the past three months have seen bitcoin's price slump to a level that is now more than 40% below October's record high $126,000. Strategy's common stock has dropped 15%. Recent purchases have been partly funded by sales of the company’s perpetual preferred offering, Stretch (STRC), which accounted for up to 15,000 BTC over the past two weeks. However, as the STRC price failed to reach its $100 par value this week, the company has been unable to utilise the program for now. Strategy’s accumulation is not just price-dependent. It is driven by capital availability. Bitcoin News More For You Bitcoin's latest fear unlocked as rate hike bets rise and bond markets crumble By James Van Straten , Stephen Alpher | Edited by Stephen Alpher 23 hours ago For now, surging oil prices and persistent geopolitical tensions are driving inflation fears and weakening traditional safe-haven assets. What to know : Markets are now seriously pricing in the odds of an imminent U.S. rate hike, a far cry from weeks ago, when the debate was about how many Fed rate cuts there would be in 2026. Oil is up 50% since the Iran conflict began, pressuring inflation and growth. The bond market selloff is global, with the U.K.'s 10-year gilt yield topping 5% for the first time since 2008. Read full story Latest Crypto News It could cost you up to $6 million to grab lunch with Donald Trump 1 min. ago Sam Bankman-Fried tries to get on Donald Trump’s good side by backing his Iran strikes 2 hours ago Sam Bankman-Fried's past political cash gives AI PAC fuel for bashing NY candidate Bores 17 hours ago Senators say they've reached compromise on yield to advance crypto market bill 18 hours ago Kalshi gets temporary Nevada ban in dispute over sports betting 19 hours ago Nasdaq winning SEC approval to move stocks onchain shows how Wall Street is taking charge of crypto tech 20 hours ago Top Stories Bitcoin's latest fear unlocked as rate hike bets rise and bond markets crumble 23 hours ago Crypto wallet maker Ledger taps former Circle exec as CFO to help lead IPO push Mar 20, 2026 Bitcoin’s price action looks dangerously similar to the pattern that sent it crashing to $60,000 Mar 20, 2026 Coinbase introduces stock perpetual futures contracts for non-U.S. customers Mar 20, 2026 Wall Street heavyweight Cantor among investment banks pitching FalconX for its potential IPO Mar 19, 2026 In this article BTC BTC $ 70,761.97 ◢ 1.49 %