MicroStrategy Buys 22,337 BTC for $1.57 Billion, Total Holdings Surpass 761,000

MicroStrategy Buys 22,337 BTC for $1.57 Billion, Total Holdings Surpass 761,000

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News Editor 01
2026-07-23 11:45:15
MicroStrategy disclosed in an 8-K filing on March 16 that it purchased 22,337 BTC for approximately $1.57 billion at an average price of $70,194, bringing total holdings to 761,068 BTC with an average cost of $75,696.
MicroStrategyBitcoinaccumulationSTRC preferred stockMichael Saylor

MicroStrategy (now Strategy), the largest corporate holder of Bitcoin, announced on March 16 that it has acquired an additional 22,337 BTC for approximately $1.57 billion, according to a Form 8-K filed with the U.S. Securities and Exchange Commission. The purchase pushes the company's total Bitcoin stash to 761,068 tokens, cementing its lead among publicly traded firms.

22,337 BTC Bought in One Week at $70,194 Average

The filing reveals that between March 9 and March 15, MicroStrategy bought roughly 22,337 Bitcoin using cash. The total consideration was around $1.57 billion, with an average price of $70,194 per coin (including fees and expenses). The buying spree was fueled by proceeds from the sale of its popular STRC preferred stock (Variable Rate Series A Perpetual Stretch Preferred Stock), which has provided a steady stream of capital.

Total Holdings Reach 761,068; Cumulative Cost $57.6 Billion

With the latest addition, MicroStrategy's total Bitcoin holdings stood at 761,068 as of March 15, 2026. The cumulative cost of acquiring all these coins is approximately $57.6 billion, lifting the average purchase price to $75,696 per BTC. At current Bitcoin prices around $72,000–$73,000, the overall position is slightly underwater or near breakeven. Nevertheless, CEO Michael Saylor appears undeterred, sticking to his long-term accumulation strategy. MicroStrategy now holds a commanding lead over other corporate Bitcoin holders, and the market is watching closely how its unique model — combining equity financing with crypto assets — will evolve in the next cycle.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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