The accumulation machine is running at full speed. Michael Saylor’s Strategy has made another massive Strategy Bitcoin purchase, adding 22,337 BTC for $1.57 billion last week . This ranks among the five largest weekly buys in the company’s history. Total holdings now stand at 761,068 BTC , worth about $57.61 billion at an average price of $75,696 per coin .
How Strategy Funded This Buy
The company used a mix of funding sources. The biggest chunk came from STRC preferred stock sales, which brought in $1.18 billion . That covered about 75% of the purchase. The rest came from selling common stock, adding $396 million .
STRC has become a key tool for Strategy. The stock offers an 11.5% annual dividend and trades like a bond that never matures . Last week was the largest STRC sale since the July IPO. The strong demand shows that investors want Bitcoin exposure without buying the coin directly .
Where Strategy Stands Now
The company now holds 761,068 BTC . That’s about 3.6% of all Bitcoin that will ever exist . The total cost basis sits at $57.61 billion, with an average entry of $75,696 .
Bitcoin is trading near $74,600, up about 3.2% over the past day . MSTR stock rose 5% in early trading, showing that investors support the strategy .
A Note on the Numbers
One source lists the total cost as $657.61 billion, but that appears to be a typo. The correct figure is $57.61 billion based on the average price and holdings count .
My Thoughts
This Strategy Bitcoin purchase shows how the company’s funding machine has evolved. STRC is no longer a side note. It’s now the main engine driving accumulation .
The preferred stock model is clever. It gives income-focused investors a way to earn yield from Bitcoin without holding the coin. And it gives Strategy a steady stream of capital to keep buying .
At this pace, Strategy is on track to hit 1 million BTC well before the end of 2026. With each purchase, the circulating supply shrinks a little more. That’s a powerful setup for when institutional demand returns in full force.
