23:05 ▪
3
min read ▪ by
Michael Saylor continues his Bitcoin offensive. The strategy has just announced a massive new purchase that further strengthens a balance sheet already dominated by the flagship asset. This operation, 101street since the beginning of its accumulation strategy, it has been taking place in a market context carefully monitored by institutional investors. With each acquisition, the company increases its exposure and confirms an unbroken conviction: to make Bitcoin the central pillar of its coffers.
In short
- Strategy makes its 101st Bitcoin purchase with a $204 million investment.
- The company acquires 3,015 BTC at an average price of $67,700 per unit.
- Total reserves now stand at 720,737 Bitcoins.
- This strategy strengthens the correlation between the market capitalization of the strategy and the development of Bitcoin.
The strategy adds 3,015 BTC to its balance sheet
Strategy announced the acquisition of an additional 3,015 bitcoins for a total of $204 million after buying at a vastly overvalued price. According to the published information, the operation was carried out between February 23 and March 1, 2026. This new transaction is part of a continuous accumulation policy that has been applied by the company led by Michael Saylor for several years.
The average purchase price was $67,700 per bitcoin, confirming that the realization was spread over several days. The financing of this acquisition comes from the sale of ordinary shares under “on the market” (ATM) program, a mechanism for raising capital directly in the market.
Information is published as follows:
- 3,015 BTC earned;
- $204 million invested;
- Average purchase price: $67,700 per BTC.
After this operation, Strategy now holds 720,737 Bitcoins. The total cumulative acquisition cost comes to about $54.8 billion, at an overall average price of about $75,985 per bitcoin.
Accumulation financed by the stock market
The operation was made possible by the sale of ordinary shares under the ATM (at-the-market) program, which is a mechanism allowing the company to gradually raise funds in the markets.
This approach differs from the previous bond financing used by the Michael Saylor Strategy during earlier accumulation cycles. It illustrates the adjustment of financial leverage mobilized to execute this Bitcoin strategy.
Using the stock market, Strategy pursues a unique model: converting the capital raised into bitcoins to increase its strategic reserve. This method strengthens the correlation between the company’s market capitalization and the development of BTC, making the company an indirect exposure tool for traditional investors.
The strategy continues its methodical accumulation of bitcoins and consolidates the financial model that is now closely linked to the development of BTC. This 101street the operation confirms the strategic beliefs assumed in the long term. Meanwhile, Strategy confirms STRC’s 11.5% dividend for March 2026, another signal to markets about the strength of its financial position.
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A graduate of Sciences Po Toulouse and holder of the blockchain consultant certification issued by Alyra, I joined the Cointribune adventure in 2019. Convinced of the potential of blockchain to transform many sectors of the economy, I committed myself to raising awareness and informing the general public about this ever-evolving ecosystem. My goal is to enable everyone to better understand blockchain and take advantage of the opportunities it offers. I strive every day to provide an objective analysis of current events, decipher market trends, convey the latest technological innovations, and put into perspective the economic and social issues of this ongoing revolution.
DISCLAIMER OF LIABILITY
The views, thoughts and opinions expressed in this article are solely those of the author and should not be taken as investment advice. Before making any investment decision, do your own research.
