Strategy bought 592 Bitcoin for about $39.8 million last week, marking the a centesimal purchase because the company launched its Bitcoin-focused treasury strategy in August 2020.
The latest purchase brings the corporate's total holdings to 717,722 BTC, acquired at a complete price of $54.56 billion, in keeping with a Securities and Exchange Commission filing on Monday. The newly acquired Bitcoin was purchased at a median price of $67,286 per BTC, including fees and costs.
The purchases were funded through the sale of 297,940 shares of Strategy's Class A typical stock under its at-the-market (ATM) offering program between Tuesday and Sunday. According to the knowledge, the sales generated net proceeds of roughly $39.7 million.
Michael Saylor, CEO of Strategy, hinted in a Sunday post
Source: Michael Saylor
Almost six years of accumulation
According to the disclosures, Strategy didn’t sell any of its preferred shares under its ATM programs in the course of the reporting period. The company has consistently used equity offerings and other capital market instruments to fund its Bitcoin accumulation.
The latest purchase continues a series of weekly acquisitions in 2026, at the same time as Bitcoin traded below the corporate's average total purchase price of $76,020 per coin.
Strategy began purchasing Bitcoin in August 2020 with an initial allocation of $250 million. Since then, the corporate has steadily added to its holdings through multiple market cycles and has turn out to be the most important publicly traded corporate holder of Bitcoin.
With 717,722 BTC on its balance sheet, price around $47.5 billion at current prices, the corporate's exposure to Bitcoin stays central to its corporate strategy and capital structure, nearly six years after its initial purchase.
In a separate February 20 post on X, Saylor expressed his confidence in Bitcoin's long-term price potential. “If it doesn’t go to zero, it goes to one million,” he wrote.
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