Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
Gold vs Crypto
Strategy added 22,337 BTC worth $1.57 billion in its largest weekly purchase of 2026, pushing total holdings past 761,000 Bitcoin. The post Strategy Tops 761K BitcoinStrategy added 22,337 BTC worth $1.57 billion in its largest weekly purchase of 2026, pushing total holdings past 761,000 Bitcoin. The post Strategy Tops 761K Bitcoin

Strategy Tops 761K Bitcoin After Record $1.57B Weekly Purchase in 2026

Author: Cryptonews AU
Source: Cryptonews AU
2026/03/17 13:34
3 min read
1
1$0,0002951-12,01%
BTC
BTC$70 987,83-4,25%
For feedback or concerns regarding this content, please contact us at [email protected]
  • Strategy acquired 22,337 BTC for US$1.57 billion during the week ending March 15, marking its largest single-week Bitcoin purchase of 2026.
  • The company funded roughly 75% of the buy through US$1.18 billion in STRC preferred stock sales, with US$396 million raised from common share offerings.
  • Strategy now holds 761,068 BTC worth approximately US$55.8 billion, but sits on an estimated US$1.7 billion in unrealised losses against a total cost basis of US$57.6 billion.

Strategy (formerly MicroStrategy) bought 22,337 Bitcoin in the week ending March 15, spending US$1.57 billion (AU$2.40 billion) in its largest weekly purchase of 2026 so far.

The company paid an average of US$70,194 (AU$107,397) per Bitcoin, slightly below the asset’s average price for the week. The latest purchase was larger than the previous week’s 17,994 BTC acquisition and pushed Strategy’s total holdings to 761,068 BTC.

Across all purchases, the company has spent about US$57.6 billion (AU$88.13 billion), giving it an average cost basis of roughly US$76,000 (AU$116,280) per coin.

Related: Bitcoin ETFs Draw Inflows as Gold Funds See Outflows Amid Iran War

Most of the latest buy was financed through sales of Strategy’s STRC perpetual preferred stock, which raised US$1.18 billion (AU$1.81 billion) from 11.9 million shares. The remaining US$396 million (AU$605.88 million) came from the sale of 2.8 million Class A common shares.

STRC, launched in July 2025, carries an annual dividend of 11.5%. Its market capitalisation has climbed about 30% over the past month to roughly US$5 billion (AU$7.65 billion). Strategy has described it as the most liquid preferred stock in the market.

That financing comes with rising obligations. The annualised dividend burden tied to STRC now exceeds US$1 billion (AU$1.53 billion), while the company holds US$2.25 billion (AU$3.44 billion) in cash reserves to help cover those payments.

The Road to 1 Million BTC

Strategy is aiming to hold 1 million BTC by the end of 2026. With 761,068 Bitcoin now on its balance sheet, it still needs to acquire about 238,932 BTC over the remaining 42 weeks of the year. That would require an average pace of roughly 5,700 BTC per week.

At a Bitcoin price of about US$73,340 (AU$112,210), Strategy’s holdings are worth around US$55.8 billion (AU$85.37 billion), leaving the company with an unrealised loss of roughly US$1.7 billion (AU$2.60 billion) against its total purchase cost.

Strategy has added about 64,948 BTC so far this year. Its shares closed at US$145.40 (AU$222.46), up 4% on the day but still down more than 56% over the past six months, reflecting continued investor caution over the company’s heavily leveraged Bitcoin strategy.

Read more: Vitalik Buterin Says Ethereum’s Core Role May Be Simpler Than the Industry Thinks

The post Strategy Tops 761K Bitcoin After Record $1.57B Weekly Purchase in 2026 appeared first on Crypto News Australia.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
Cashing In On University Patents Means Giving Up On Our Innovation Future

Cashing In On University Patents Means Giving Up On Our Innovation Future

The post Cashing In On University Patents Means Giving Up On Our Innovation Future appeared on BitcoinEthereumNews.com. “It’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress,” writes Pipes. Getty Images Washington is addicted to taxing success. Now, Commerce Secretary Howard Lutnick is floating a plan to skim half the patent earnings from inventions developed at universities with federal funding. It’s being sold as a way to shore up programs like Social Security. In reality, it’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress. Yes, taxpayer dollars support early-stage research. But the real payoff comes later—in the jobs created, cures discovered, and industries launched when universities and private industry turn those discoveries into real products. By comparison, the sums at stake in patent licensing are trivial. Universities collectively earn only about $3.6 billion annually in patent income—less than the federal government spends on Social Security in a single day. Even confiscating half would barely register against a $6 trillion federal budget. And yet the damage from such a policy would be anything but trivial. The true return on taxpayer investment isn’t in licensing checks sent to Washington, but in the downstream economic activity that federally supported research unleashes. Thanks to the bipartisan Bayh-Dole Act of 1980, universities and private industry have powerful incentives to translate early-stage discoveries into real-world products. Before Bayh-Dole, the government hoarded patents from federally funded research, and fewer than 5% were ever licensed. Once universities could own and license their own inventions, innovation exploded. The result has been one of the best returns on investment in government history. Since 1996, university research has added nearly $2 trillion to U.S. industrial output, supported 6.5 million jobs, and launched more than 19,000 startups. Those companies pay…
Share
BitcoinEthereumNews2025/09/18 03:26
Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

The post Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps appeared on BitcoinEthereumNews.com. The Federal Reserve has made its first Fed rate cut this year following today’s FOMC meeting, lowering interest rates by 25 basis points (bps). This comes in line with expectations, while the crypto market awaits Fed Chair Jerome Powell’s speech for guidance on the committee’s stance moving forward. FOMC Makes First Fed Rate Cut This Year With 25 Bps Cut In a press release, the committee announced that it has decided to lower the target range for the federal funds rate by 25 bps from between 4.25% and 4.5% to 4% and 4.25%. This comes in line with expectations as market participants were pricing in a 25 bps cut, as against a 50 bps cut. This marks the first Fed rate cut this year, with the last cut before this coming last year in December. Notably, the Fed also made the first cut last year in September, although it was a 50 bps cut back then. All Fed officials voted in favor of a 25 bps cut except Stephen Miran, who dissented in favor of a 50 bps cut. This rate cut decision comes amid concerns that the labor market may be softening, with recent U.S. jobs data pointing to a weak labor market. The committee noted in the release that job gains have slowed, and that the unemployment rate has edged up but remains low. They added that inflation has moved up and remains somewhat elevated. Fed Chair Jerome Powell had also already signaled at the Jackson Hole Conference that they were likely to lower interest rates with the downside risk in the labor market rising. The committee reiterated this in the release that downside risks to employment have risen. Before the Fed rate cut decision, experts weighed in on whether the FOMC should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 04:36