Strategy, formerly known as MicroStrategy, continues its aggressive Bitcoin acquisition, now holding approximately 738,731 BTC. Analysts note its rapid buying pace could allow it to surpass the holdings attributed to Bitcoin creator Satoshi Nakamoto by 2027. The company recently purchased 17,994 Bitcoin using proceeds from $2 billion in stock sales.
The corporate entity Strategy is building one of the world’s largest Bitcoin portfolios. Crypto analyst Lark Davis pointed out that the company is already one of the four biggest known BTC holders. He stated that the company’s financing allows it to buy an average of 1,940 BTCs daily.
The firm’s current holdings make it the largest corporate Bitcoin holder. It has spent approximately $51 billion to acquire its Bitcoin at an average price of around $69,000 per coin. Between March 2nd and March 9th, 2026, the company acquired 17,994 BTC.
This recent purchase was funded through the sale of common stock and preferred shares. The firm reportedly maintains a healthy cash position of about $3 billion for obligations without selling Bitcoin.
Meanwhile, Bitcoin’s price faced resistance near $74,000. Data shows the asset is currently trading at $70,678, down 0.59% over the last 24 hours. Analysts attribute the decline to current tensions and weak economic indicators in the United States.
The focus is now on support at the $69,659 level. A break below this could see a move toward $66,898 ahead of the Federal Reserve’s policy meeting scheduled for March 17-18.
