Strategy Expands Bitcoin Treasury Again With 22,337 BTC Purchase

Highlights:

• Strategy bought 22,337 Bitcoin and increased its total holdings to 761,068 BTC.
• The company used stock sales to fund most of its latest Bitcoin purchase.
• Meanwhile, Bitcoin climbed above $74,000 as ETF inflows and fresh buying improved market sentiment.

Bitcoin treasury company Strategy strengthened its Bitcoin (BTC) position with another major purchase, adding 22,337 BTC between 9 March and 15 March for about $1.57 billion. The company paid an average of $70,194 per Bitcoin, according to a Monday 8-K filing with the US Securities and Exchange Commission (SEC). This was also its fifth-largest BTC purchase so far.

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The latest purchase pushed Strategy’s total holdings to 761,068 BTC. Michael Saylor, the company’s co-founder and executive chairman, said Strategy has spent about $57.6 billion in total, including fees and expenses, at an average purchase price of $75,696 per Bitcoin. 

Strategy has acquired 22,337 BTC for ~$1.57 billion at ~$70,194 per bitcoin. As of 3/15/2026, we hodl 761,068 $BTC acquired for ~$57.61 billion at ~$75,696 per bitcoin. $MSTR $STRC https://t.co/6hv6PjzOKQ

— Michael Saylor (@saylor) March 16, 2026

Strategy Increases Bitcoin Holdings Through Stock Sales

Strategy mostly funded its latest Bitcoin purchase through stock sales. The company sold about 11.9 million shares of its STRC preferred stock and raised around $1.18 billion. It also sold about 2.8 million shares of its Class A common stock, bringing in another $396 million. Together, these two sales provided most of the money needed for the latest Bitcoin buy.

Before the company made the purchase public, Saylor gave his usual early hint on Sunday. He shared Strategy’s Bitcoin tracker and wrote, “Stretch the orange dots.”

Strategy now owns over 3.4% of Bitcoin’s total 21 million coin supply, keeping it firmly ahead as the largest corporate Bitcoin holder. A week earlier, the company had already added 17,994 BTC for around $1.28 billion, with an average purchase price of $70,946 per coin. That earlier buy had increased its total holdings to 738,731 BTC before this latest acquisition.

Strategy’s aggressive Bitcoin buying has also drawn fresh criticism. Economist Peter Schiff recently called Michael Saylor’s approach a “Bitcoin pyramid,” arguing that the company’s growing use of STRC preferred stock could create pressure if dividend costs rise too far. Schiff warned that if financing becomes harder, Strategy could eventually face tough choices around payouts and future Bitcoin purchases.

🚨LATEST: PETER SCHIFF WARNS OF “BITCOIN PYRAMID” RISK AT STRATEGY

Michael Saylor’s (@saylor) Bitcoin $BTC strategy could face structural pressure, economist Peter Schiff (@PeterSchiff) says.

Schiff described the model as a “Bitcoin pyramid.” His criticism centers on Strategy’s… pic.twitter.com/xA0amDoY81

— BSCN (@BSCNews) March 10, 2026

Institutional Demand Supports Bitcoin Price Rebound Above $74,000

Bitcoin’s price recovery added weight to Strategy’s latest move. On 16 March, Bitcoin climbed back above $74,000 and touched $74,425, its highest level since early February. The rise showed that buying interest had returned after recent weakness in the market. At the time of writing, BTC was trading at $74,125, reflecting a 4% increase in the past 24 hours.

Strong demand from large investors helped support this rebound. U.S.-listed spot Bitcoin Exchange-Traded Funds (ETFs) have now recorded net inflows for three straight weeks, with total inflows reaching about $2.1 billion. This steady flow of money improved market confidence and gave extra support to Bitcoin’s upward move. 

At the same time, on-chain data showed that whale wallets were also adding more Bitcoin. According to Santiment, wallets holding between 10 and 10,000 BTC increased their share of the total supply to 68.17%. This suggests that larger holders have continued to accumulate during the recent dip, which helped strengthen Bitcoin’s recovery.

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