Strategy’s Bitcoin position has moved back into profit. Market data from March 17 showed the company holding 761,068 BTC with a total cost basis of about $57.61 billion. Its average purchase price stood at roughly $75,696 per coin, leaving the position with an unrealized gain of about 0.21%, or roughly $120 million.
More than 40,000 BTC bought in two straight weeks
The turnaround came after aggressive buying over the previous two weeks. From March 2 to March 8, Strategy spent about $1.28 billion to acquire 17,994 BTC at an average price of roughly $70,946. It followed that with another purchase between March 9 and March 15, spending about $1.57 billion for 22,337 BTC at an average of around $70,194.
Across the two-week stretch, the company added more than 40,000 BTC and deployed close to $2.85 billion. Those purchases reduced the overall average cost of its holdings and helped pull the position back above water.
Lower average cost changed the picture
Not long ago, Strategy’s average entry price had climbed to nearly $76,052, while spot Bitcoin was trading around the same level. That left the company close to breakeven and, at times, slightly underwater, prompting market talk about whether it could face pressure to reduce its holdings. The latest purchases changed that setup. With the average cost lowered to $75,696 and Bitcoin stabilizing, the position has returned to an unrealized gain.
Strategy remains the publicly listed company with the largest Bitcoin holdings in the world, so the profit and loss status of that treasury position is closely watched as a signal of institutional conviction.
Saylor says Bitcoin stands apart in the AI era
On the same day the holding data drew attention, Strategy founder Michael Saylor posted on social media about Bitcoin’s place in an AI-driven economy. He wrote that if artificial intelligence compresses the terminal value of companies and makes business moats short-lived, capital will move toward assets that are not exposed to disruption risk.
In his view, Bitcoin fits that role as digital capital because it combines scarcity and neutrality and does not face structural replacement risk from AI. Based on that argument, he said BTC should be one of the main beneficiaries of the current technology shift. The message follows his earlier stance that the stronger AI becomes, the more Bitcoin’s function as a store of value stands out.