Strategy Extends Corporate Bitcoin Dominance, Pushing Holdings to 720,737 BTC

Strategy Buys 3,015 BTC for $204M, Lifting Holdings to 720,737 Bitcoin

Strategy Inc. (Nasdaq: MSTR) announced another major bitcoin purchase on March 2, strengthening its treasury position and reinforcing its status as the largest corporate holder of bitcoin.

Executive Chairman Michael Saylor shared on social media platform X that Strategy acquired 3,015 BTC for approximately $204.1 million at an average price of about $67,700 per bitcoin, bringing total holdings as of March 1 to 720,737 BTC purchased for roughly $54.77 billion at an average price of approximately $75,985 per bitcoin.

The figures align with the company’s Form 8-K filed March 2, which specifies that the 3,015 BTC were acquired during the period from Feb. 23 to March 1.

The confirmed acquisition followed Saylor’s March 1 orange dot chart post on X, where he wrote, “The Turn of the Century.” The post featured Strategy’s signature acquisition tracker, which plots each bitcoin purchase as an orange marker against historical price performance. Similar posts have often preceded next-business-day filings detailing new balance sheet expansion. The orange dot has become a closely monitored signal across crypto markets.

The filing states that the bitcoin purchases were funded through Strategy’s at-the-market program. From Feb. 23 to March 1, the company raised $237.1 million in net proceeds, including $7.1 million from 71,590 shares of STRC preferred stock and $229.9 million from 1,730,563 shares of Class A common stock. As of March 1, remaining ATM capacity totaled $3.5357 billion for STRC, $7.6137 billion for MSTR common stock, $20.3316 billion for STRK, $4.0148 billion for STRD, and $1.6193 billion for STRF. Strategy also increased the annual dividend rate on STRC to 11.50%, effective for periods beginning March 1, and declared cash dividends payable March 31 to stockholders of record as of March 15.

FAQ 🧭

• Why did Strategy buy more bitcoin?
  Strategy continues expanding its bitcoin treasury as a core balance sheet strategy to increase long-term exposure.
• How large is Strategy’s total bitcoin position?
  The company now holds 720,737 bitcoin, acquired for a total of $54.77 billion.
• How was the latest bitcoin purchase funded?
  Strategy used net proceeds from share sales under its at-the-market program.
• What does this mean for MSTR investors?
  The move reinforces Strategy’s high-conviction bitcoin strategy and deepens its leverage to bitcoin price performance.