Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Michael Saylor's Strategy made another huge
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Michael Saylor's Strategy made another huge
Michael Saylor's Strategy made another huge buy of bitcoin, adding $1.57 billion worth last week
For feedback or concerns regarding this content, please contact us at [email protected]
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
Updated Mar 16, 2026, 12:20 p.m. Published 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 mostly funded through sales of the company's STRC series of preferred stock, with sales of common stock accounting for the remainder.
- MSTR 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.
In terms of bitcoin acquired, it was the fifth-largest ever weekly purchase of coins by the company.
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 NewsStrategyMichael SaylorBreaking Newstop news
More For You
Metaplanet raises $255 million to accelerate bitcoin accumulation
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
SEC drops lawsuit against BitClout’s Nader Al-Naji
South Korea fines Bithumb $24 million, orders 6-month partial suspension over money laundering violations
Memecoins outpace bitcoin, ether as 'barbell strategy' wins out
Altcoins jump as bitcoin inches toward potential $74,000 breakout
Trump-backed WLFI passes proposal letting $5 million stakers buy 'direct access' to team
Top Stories
Crypto trading firm BlockFills files for bankruptcy
Bitcoin's price trades above its 50-day average as bullish move gathers pace
AI developers may not be keen on crypto, but stablecoins are the secret to agentic finance, crypto insiders say
Wall Street pushes tokenized stocks, but institutions aren’t eager to trade them
Crypto’s multimillion F1 sponsorship under fire as Middle East war hits region's biggest events
Market Opportunity
Ucan fix life in1day Price(1)
$0.0003456
$0.0003456$0.0003456
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Swiss Franc Intervention: Critical Analysis of SNB’s 2025 Policy and Safe-Haven Resilience
BitcoinWorld Swiss Franc Intervention: Critical Analysis of SNB’s 2025 Policy and Safe-Haven Resilience ZURICH, March 2025 – The Swiss National Bank faces mounting
Share
bitcoinworld2026/03/16 23:10
Adoption Leads Traders to Snorter Token
The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
Share
BitcoinEthereumNews2025/09/17 23:45
The Role of Reference Points in Achieving Equilibrium Efficiency in Fair and Socially Just Economies
This article explores how a simple change in the reference point can achieve a Pareto-efficient equilibrium in both free and fair economies and those with social justice.
Share
Hackernoon2025/09/17 22:30