MSTR Stock moved higher after trading after Strategy confirmed another massive Bitcoin acquisition. The company revealed it purchased 22,337 BTC valued at approximately $1.57 billion. The announcement came as Bitcoin hovered near $74,000 amid renewed institutional interest.
Strategy Makes Largest Bitcoin Purchase of 2026 with $1.57B BTC Buy
Strategy completed its largest Bitcoin purchase of 2026 during the March 9 to March 15 period. The firm paid an average price of $70,194 per Bitcoin for the 22,337 coins. This transaction marked the 12 consecutive week of Bitcoin accumulation by the company.
Following the latest addition, Strategy’s total Bitcoin holdings reached 761,068 BTC. The company has spent approximately $57.61 billion building its Bitcoin treasury. Its overall average acquisition cost now stands near $75,696 per coin.
Most of the funding came from preferred share sales. Strategy sold 11,818,467 shares of its 10% Series A perpetual preferred stock. Those transactions generated roughly $1.18 billion in net proceeds.
The company also raised capital through common stock issuance. It sold 2,833,668 Class A shares under its at-the-market program. That offering brought in an additional $396 million.
Demand for the preferred shares increased during recent market volatility. Executives indicated that significant issuance capacity remains available for future funding. Executive Chairman Michael Saylor confirmed the acquisition in a statement posted on X.
Bitcoin price surged near $73,600 Monday morning, posting a 2.6% daily gain. The broader cryptocurrency market rose 3.42% to a total valuation of $2.51 trillion.
MSTR Stock Jumps 6% as Michael Saylor Adds 22,337 Bitcoin
MSTR Stock climbed roughly 6% following confirmation of the Bitcoin purchase. Shares traded around $145 in premarket activity as bullish sentiment strengthened. The rally mirrored Bitcoin’s renewed upward momentum.
Strategy remains the largest publicly traded corporate holder of Bitcoin. The company has now executed more than 100 cumulative Bitcoin purchases. A recent prior acquisition included 17,994 BTC worth $1.28 billion.
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
Despite aggressive buying, Strategy currently holds about $3.35 billion in unrealized losses. Supporters argue the long-term thesis remains intact if Bitcoin sustains its upward trend.
Analysts observe that it faces potential resistance of MSTR Stock at the levels around $150. Any decisive action above that figure would create an upside potential of up to $160. On the negative side, support is seen to be around $140. Any fall below that level can trigger unification to as low as $135.
$100K Bitcoin Target: Analysts Outline Key Levels to Watch
Bitcoin’s resilience above key technical levels has renewed bullish forecasts. Market observers emphasize the importance of holding above the $72,500 support. Stability above that zone could pave the way toward the $80,000 and $90,000 range as per full Bitcoin forecast report.
Some analysts now project a possible move toward $100,000 if momentum continues. The upcoming Federal Reserve rate decision may act as a short-term catalyst. The policy signals might affect the institutional inflows into spot Bitcoin exchange-traded funds.
Bitcoin has recovered due to geopolitical tensions and a fresh surge of ETF demand. Other key cryptocurrencies, such as Ethereum, Solana, and Dogecoin, also registered profits.
In the short run, MSTR Stock is highly dependent on the performance of Bitcoin. Further resilience in the cryptocurrency can support positive stock movement. On the other hand, a fall below $70,000 would put pressure on the prices of Bitcoin and other equities.