Strategy and ProCap Expand Bitcoin Holdings as BTC Holds Key Range

Highlights:

• Strategy Inc just bought another 3,015 Bitcoin for $204 million at an average of $67,700 per coin.
• The company now holds 720,737 BTC, controlling over 3.4% of Bitcoin’s entire fixed supply.
• ProCap Financial also added 450 Bitcoin to its holdings as the BTC price holds firm.

Strategy Inc (formerly MicroStrategy) purchased an additional 3,015 Bitcoin between February 23 and March 1, as per the filings released on March 2. The transaction, valued at approximately $204.1 million, was executed at an average price of $67,700 per coin. This latest move further strengthens Strategy Inc’s standing as the largest corporate holder of Bitcoin.

Strategy Controls 3.4% of Bitcoin Supply

The company’s Bitcoin treasury has grown to 720,737 BTC after this buy. The cumulative investment now totals roughly $54.77 billion, with an average purchase price of $75,985 per coin. The size of these holdings stands out. Strategy Inc now controls over 3.4% of Bitcoin’s total fixed supply. This percentage highlights its strong and aggressive long-term conviction in the asset’s value.

Strategy has acquired 3,015 BTC for ~$204.1 million at ~$67,700 per bitcoin. As of 3/1/2026, we hodl 720,737 $BTC acquired for ~$54.77 billion at ~$75,985 per bitcoin. $MSTR $STRC https://t.co/rqDIhlUDNx

— Michael Saylor (@saylor) March 2, 2026

Strategy raised fresh capital to buy more Bitcoin. The company sold MSTR and STRC shares and collected over $237 million last week. It still has billions of dollars in shares available for future sales. In addition, its massive ATM programs also support the “42/42” plan. The plan aims to raise $84 billion by 2027 to increase Strategy’s Bitcoin holdings. This week’s purchase is Strategy’s 101st publicly disclosed Bitcoin purchase since it chose Bitcoin as its primary reserve asset in 2020.

Market analysts say Strategy keeps buying even in a tough market. Bitcoin and the wider crypto sector have faced pressure in recent weeks. Bitcoin has traded below its average purchase price. Because of this, Strategy now holds billions in unrealized losses on paper. However, Chairman Saylor still supports the buy and hold strategy.

ProCap Boosts Bitcoin Holdings

ProCap Financial, the first publicly traded agentic finance firm, has also purchased 450 Bitcoin. This increases its total holdings to 5,457 BTC and reduces its average cost per coin. The company acquired Bitcoin at around $65,000 and views the move as a long-term opportunity despite ongoing market volatility.

Chairman and CEO Anthony Pompliano said the Bitcoin buys strengthen the balance sheet. “We are doing two things at the same time: buying Bitcoin to average down our total cost basis and buying back our own stock when the market misprices it. Both actions are accretive to our shareholders,” Pompliano said. ProCap now ranks among the top 20 public corporate holders of BTC, according to Bitcointreasuries.net.

🚨LATEST: Anthony Pompliano’s ProCap Financial buys 450 more Bitcoin, now worth $30M. The firm holds a total of 5,457 BTC. pic.twitter.com/qqqx9fsBwV

— Coin Bureau (@coinbureau) March 2, 2026

Hayes Predicts BTC Long-Term Rally

Strategy and ProCap’s latest purchases come at a critical time because tension is rising between the US, Israel, and Iran. At the time of writing, Bitcoin was trading at $66,800, reflecting a 1% decrease in the previous 24 hours.

BTC continues to consolidate between the $62,605 support and $70,586 resistance. A break above $70,586 could push Bitcoin toward $96,962. On the other hand, if the situation worsens and BTC falls below $62,605, prices could correct toward $50,000. Still, a rally above $70,586 seems more likely because it is rebounding from $63k after the war news.

Arthur Hayes, BitMEX co‑founder, says the U.S. escalation in Iran follows a 40-year pattern. He explains that long wars usually lead the Fed to cut rates or expand money to fund spending. Hayes expects this Fed action to boost Bitcoin over time.