Bitcoin proxy Strategy buys 22,337 Bitcoin for $1.6 billion
Summary
Strategy, a Virginia-based software company, has significantly increased its Bitcoin holdings, acquiring 22,337 BTC for approximately $1.6 billion during the week ending March 15, 2026. This purchase brings the company’s total Bitcoin reserves to 761,068 BTC, currently valued at $56 billion. The acquisition was funded through the sale of company stock, including $1.2 billion from preferred stock and $396 million from common stock. Strategy secured an average price of $70,194 per Bitcoin, a discount from current market prices, and retains approximately $34 billion in available capital for future Bitcoin purchases through various securities offerings.
(Source:Crypto Briefing)