Markets
What to know:
- Oh, look! Strategy decided to pop down to the Bitcoin corner shop and pick up a mere 1,031 BTC for $76.6 million. Cute. Last time they were throwing around billions like it was Monopoly money.
- Their Bitcoin piggy bank now holds 762,099 BTC, bought at an average of $75,694 each. Current price? Just under $70,000. Someone’s got a bit of a bargain hunter vibe going on.
Michael Saylor’s Strategy (MSTR) is still on its Bitcoin shopping spree, but this time it’s more “clearance rack” than “luxury boutique.” Last week, they added 1,031 Bitcoin for a cool $76.6 million, or $74,326 per coin. That’s practically pocket change compared to their previous billion-dollar benders.
Their total stash? A whopping 762,099 BTC, acquired for about $57.69 billion. Average price? $75,694 each. Someone’s doing the math, and it’s not adding up to “genius” just yet.
Where’d the money come from? Selling common stock, of course. Monday’s filing spilled all the tea. No preferred shares shenanigans this time-just good old-fashioned stock sales.
Remember when they dropped over $1 billion on Bitcoin in the last two weeks? Yeah, that was fun. This time, it’s more like they forgot their wallet and had to settle for the clearance section.
Bitcoin’s chilling around $70,000, and MSTR shares are up 1.7% in premarket trading. Not bad, but let’s be honest-it’s not exactly a standing ovation.
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2026-03-23 15:31