Strategy buys 3,015 BTC for $204M as holdings climb past 720K
The post Strategy buys 3,015 BTC for $204M as holdings climb past 720K appeared on BitcoinEthereumNews.com.
Strategy Inc has purchased 3,015 Bitcoin for about $204 million, lifting its total holdings to 720,737 BTC despite ongoing market weakness. Summary Strategy bought 3,015 BTC at an average price of $67,700. Total holdings now stand at 720,737 BTC worth about $54.77B. The purchase was funded mainly through ATM share sales. Strategy has added more Bitcoin (BTC) to its balance sheet after spending over $200 million on a fresh purchase, continuing its long-running effort to build one of the largest corporate crypto treasuries in the world. On March 2, Strategy Inc revealed in a regulatory filing that it bought 3,015 BTC between February 23 and March 1 at an average price of $67,700 per coin, taking total holdings to 720,737 BTC. Funding the latest Bitcoin purchase The company spent about $204.1 million on the acquisition, using mainly proceeds from its at-the-market share sales and preferred stock offerings. During the same period, Strategy raised roughly $237.1 million, leaving part of the funds as a cash reserve. With this purchase, Strategy’s total Bitcoin acquisition cost has reached around $54.77 billion. Its average cost basis now stands at about $75,985 per BTC. At current market prices, the company’s Bitcoin holdings are valued at roughly $47 billion to $47.5 billion. This places Strategy at an estimated unrealized loss of between $7 billion and $9 billion, depending on price movements. Strategy’s Class A shares trade on the Nasdaq Global Select Market under the ticker MSTR. The stock is down about 50% over the past year and 18% year-to-date, tracking Bitcoin’s recent decline. The latest deal marks the company’s tenth straight weekly Bitcoin purchase. Its approach remains focused on raising capital and converting it directly into BTC to increase per-share exposure. Financial pressure and long-term strategy While Strategy continues to buy, the weak market has weighed on its financial results. Since…
Filed under: News - @ March 2, 2026 3:35 pm