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 acquired 1,550 Bitcoin for approximately $101 million during the week ended June 7. The purchase raised the company's total holdings to 845,256 BTC. It also increased its U.S. dollar reserves by $100 million to reach $1 billion.

Strategy purchased 535 bitcoin last week for about 43 million dollars at an average price of 80,340 dollars per coin. The acquisition came days after the company signaled it might sell some holdings to fund dividends or retire debt. Executive chairman Michael Saylor said any such sales would have minimal net impact.

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Strategy purchased 1587 Bitcoin last week for about 100 million dollars. The company financed the acquisition by selling 1.7 million shares of its MSTR stock. Total holdings now stand at 846842 Bitcoin.

Strategy, the world's largest Bitcoin treasury company, agreed on May 15 to repurchase roughly $1.5 billion principal amount of its 2029 convertible notes for an estimated $1.38 billion in cash. The firm may fund the transaction through cash reserves, ATM equity sales, or Bitcoin proceeds.

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Strategy executive chairman Michael Saylor posted a chart on Sunday suggesting another Bitcoin acquisition could follow. The post came as the company faces growing questions over its finances and recent Bitcoin sale.

MicroStrategy, the largest public holder of Bitcoin, will pause cryptocurrency purchases this week. Executive Chairman Michael Saylor announced the break on Sunday via X, as the company prepares for its first-quarter earnings report on Tuesday. Wall Street anticipates a quarterly loss.

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