Strategy Buys Another 17,994 BTC In $1.28 Billion Bitcoin Purchase

bitcoinistPublished on 2026-03-10Last updated on 2026-03-10

Abstract

Strategy, a major Bitcoin treasury company, has purchased an additional 17,994 BTC for $1.28 billion, marking its 102nd acquisition. This brings its total holdings to 738,731 BTC, representing nearly 3.7% of the circulating supply. Despite an unrealized loss of about 9% with a cost basis of $75,862 per BTC, the company remains the largest public holder of Bitcoin. The purchase was funded through sales of its stock offerings. Meanwhile, Bitmine, the largest Ethereum treasury, continues its own accumulation strategy, recently buying 60,976 ETH. Bitcoin's price has recently dropped below $66,000 but has since to around $68,600.

Bitcoin treasury company Strategy has continued its accumulation push with a fresh acquisition involving 17,994 tokens of the cryptocurrency.

Strategy Has Expanded Bitcoin Reserve With New $1.28 Billion Buy

In a new post on X, Strategy chairman Michael Saylor has shared details related to the latest routine Monday Bitcoin acquisition completed by the company. This buy was on the larger side, including a sum of 17,994 BTC. Strategy had to spend an average of $70,946 per token or $1.28 billion in total to assemble this stack.

In 2026 so far, the firm has made only one purchase that has been larger: the 22,305 BTC acquisition from January (worth $2.12 billion at the time). Following this new large addition, Strategy’s holdings have grown to 738,731 BTC, equivalent to nearly 3.7% of all tokens in circulation.

According to the filing with the US Securities and Exchange Commission (SEC), the purchase was funded using sales of the company’s STRC and MSTR at-the-market (ATM) stock offerings.

Overall, this was the 102nd Bitcoin buy made by Strategy. In total, the treasury company has invested $56.04 billion into the cryptocurrency with these acquisitions.

These massive holdings are currently underwater, however, as the firm’s cost basis sits at $75,862 BTC, putting Strategy’s reserve in about 9% unrealized loss at the current spot price. Despite the underwater status, though, the company has continued to make purchases recently, solidifying its position as the largest public holder of Bitcoin, as the table from BitcoinTreasuries.net shows.

The top 10 public companies by BTC holdings | Source: BitcoinTreasuries.net

While accumulation from other digital asset treasury companies has fallen off after the bearish shift that the cryptocurrency sector has faced since the last quarter of 2025, another company besides Strategy has also continued to make regular purchases: Bitmine.

Bitmine is the largest Ethereum treasury and only second behind Strategy in overall public digital asset holders ranking. The company’s market standing is despite the fact that it only adopted its ETH treasury strategy in mid-2025.

Recently, the firm has been making regular Monday purchase announcements just like Strategy. According to the latest press release, Bitmine acquired 60,976 ETH over the past week, which is higher than 40,000 to 50,000 ETH average that the company has been hovering around lately. “As the adage goes, nobody ‘rings the bell at the bottom’ and therefore Bitmine’s strategy is to now slightly increase its pace of ETH accumulation,” noted Tom Lee, the company’s chairman.

Following the latest accumulation spree, Bitmine’s holdings have grown to 4,534,563 ETH, which represents a network supply share of 3.76%. The company has set a target of 5% of the Ethereum supply, so at this figure, it is already more than 75% of the way through.

BTC Price

Bitcoin dropped under $66,000 on Sunday, but the asset has since bounced back a bit as it’s now floating around $68,600.

Looks like the price of the coin has gone down over the past few days | Source: BTCUSDT on TradingView

Related Questions

QHow many Bitcoins did Strategy purchase in its latest acquisition and what was the total cost?

AStrategy purchased 17,994 BTC at a total cost of $1.28 billion.

QWhat is the total number of Bitcoins that Strategy now holds, and what percentage of the circulating supply does this represent?

AStrategy now holds 738,731 BTC, which represents nearly 3.7% of all tokens in circulation.

QHow was Strategy's latest Bitcoin purchase funded, according to the SEC filing?

AThe purchase was funded using sales of the company's STRC and MSTR at-the-market (ATM) stock offerings.

QBesides Strategy, which other company is mentioned as continuing to make regular cryptocurrency purchases, and what did it recently acquire?

ABitmine is the other company. It recently acquired 60,976 ETH over the past week.

QWhat is Bitmine's stated target for its Ethereum holdings, and what percentage of the supply has it achieved so far?

ABitmine has set a target of holding 5% of the Ethereum supply. It currently holds 4,534,563 ETH, which is 3.76% of the supply, meaning it is more than 75% of the way to its goal.

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