Strategy's $200 million bitcoin buy lifts holdings to 720,750 BTC

Strategy has acquired $200 million (~2,985 BTC) in bitcoin at around $67,000 per coin, its third-largest purchase of 2026. This boosts total holdings from January's 709,715 BTC milestone to approximately 720,750 BTC, underscoring persistent accumulation amid lower prices.

Strategy, the bitcoin-focused treasury company formerly known as MicroStrategy, announced on March 8, 2026, its latest acquisition: $200 million in bitcoin purchased at prevailing prices near $67,000. This adds roughly 2,985 BTC to its reserves, elevating total holdings to about 720,750 bitcoin.

The buy ranks as the third-largest by Strategy this year, following earlier 2026 purchases that built on its January surpassing of 700,000 BTC (reaching 709,715). Despite a price dip from January averages around $95,000, the company maintains its aggressive strategy of systematic accumulation.

This aligns with growing corporate adoption of bitcoin as a treasury reserve. The announcement provided no specifics on exact timing beyond Monday or funding sources, but it reflects Strategy's commitment to expanding its digital asset portfolio amid market fluctuations.

Part of ongoing coverage in the Strategy Bitcoin Acquisitions series.

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Strategy, formerly known as MicroStrategy, has acquired an additional 22,305 bitcoin, pushing its total holdings past 700,000 coins. The purchases, funded through sales of common and preferred stock, highlight the company's innovative approach to building a bitcoin treasury. This move has drawn interest from major institutional investors like BlackRock.

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Bitcoin surged past $70,000 on February 6, 2026, rebounding 17% from Thursday's 15-month low around $60,000 amid the prior sell-off triggered by President Trump's Federal Reserve chair nominee Kevin Warsh. The recovery liquidated $2.6 billion in leveraged positions and lifted crypto stocks like MicroStrategy (up 14-21%) and MARA Holdings (up 12%), signaling oversold conditions despite lingering market fears.

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Bitcoin has risen every day in the first five days of 2026, marking its longest winning streak since October and boosting related stocks in premarket trading. Investors are watching amid broader market rises tied to geopolitical tensions in Venezuela and upcoming economic data. Key players like miners and trading platforms are seeing notable gains.

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Bitcoin surged 4% to $106,087.54 as the global cryptocurrency market recovered, with its total capitalization rising to $3.57 trillion. The rebound follows a sharp selloff that liquidated nearly $20 billion in leveraged positions and erased half a trillion dollars from the market over a weekend. Experts view the event as a necessary correction exposing structural flaws while highlighting improved infrastructure resilience.

 

 

 

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