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Michael Saylor's Strategy made $1.3 billion
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Michael Saylor's Strategy made $1.3 billion
Michael Saylor's Strategy made $1.3 billion bitcoin purchase last week
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Michael Saylor's Strategy made $1.3 billion bitcoin purchase last week
The company now holds 738,731 bitcoin purchased for about $56 billion and worth roughly $50 billion at the current price just shy of $68,000.
By Stephen Alpher
Mar 9, 2026, 12:11 p.m.
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Michael Saylor, Executive Chairman of Strategy (Gage Skidmore/CC BY-SA 2.0/Modified by CoinDesk)
Led by Executive Chairman Michael Saylor, Strategy (MSTR) made a massive bitcoin purchase last week.
The leading bitcoin treasury company added 17,994 bitcoin to its holdings for a total cost of $1.28 billion, or $70,946 per coin. The company stack now stands at 738,731 BTC acquired for $56.04 billion, or $75,862 per coin.
Bitcoin is currently trading just below $68,000.
Last week's buys were mostly funded via $900 million in sales of common stock. The company also sold $377 million of its STRC preferred series of stock, according to a Monday morning filing.
MSTR shares are higher by 0.2% in pre-market trading.
Michael SaylorBitcoin NewsStrategy
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