Michael Saylor’s Strategy buys 3,015 BTC for $204M, extending its streak to 10 weeks as Bitcoin holds above $65K amid U.S.-Iran tensions.
Michael Saylor Buys 3,015 BTC as War Fears Shake Markets, as Strategy added more Bitcoin while global tensions weighed on risk assets.
The purchase came as Bitcoin held above $65,000 despite renewed volatility tied to the U.S.-Iran conflict.
Strategy Adds 3,015 BTC in Latest Weekly Purchase
Michael Saylor’s Strategy acquired 3,015 Bitcoin between February 23 and March 1.
The company disclosed the purchase in a filing with the U.S. Securities and Exchange Commission. It spent $204.1 million at an average price of $67,700 per Bitcoin.
Strategy has acquired 3,015 BTC for ~$204.1 million at ~$67,700 per bitcoin. As of 3/1/2026, we hodl 720,737 $BTC acquired for ~$54.77 billion at ~$75,985 per bitcoin. $MSTR $STRC https://t.co/rqDIhlUDNx
— Michael Saylor (@saylor) March 2, 2026
Strategy now holds 720,737 BTC. The company said it acquired the holdings for $54.77 billion at an average price of $75,985 per Bitcoin.
The filing shows the firm remains one of the largest corporate holders of Bitcoin.
The company funded the purchase through stock sales. It raised $229.9 million from selling 1.7 million MSTR shares. It also generated $7.1 million from selling 71,590 STRC shares.
Tenth Straight Weekly Buy Despite Market Volatility
This purchase marks Strategy’s tenth consecutive weekly Bitcoin acquisition. The buying streak dates back to December last year.
The latest addition follows a prior purchase of 592 BTC for $39.8 million.
Saylor signaled the move in a post on X before the announcement. He shared the company’s Bitcoin portfolio tracker and wrote, “The Turn of the Century.” The post came one day before the SEC filing became public.
The Turn of the Century. pic.twitter.com/6xiyuZrzVk
— Michael Saylor (@saylor) March 1, 2026
Strategy continues to buy even as Bitcoin trades below its average entry price. Based on current prices, the company holds an unrealized loss of more than $7 billion.
Saylor has said in past statements that the firm does not plan to sell its Bitcoin holdings during downturns.
Related Reading: Michael Saylor Says Solana Will Power the Future of Digital Credit
Bitcoin Holds Above $65,000 as War Fears Persist
Bitcoin faced renewed pressure after tensions rose between the United States and Iran.
The cryptocurrency fell to around $63,000 over the weekend following reports of U.S. military action. However, it later recovered and traded above $65,000.
The broader crypto market also saw volatility, yet Bitcoin remained relatively stable compared to previous geopolitical shocks.
Market participants monitored developments in the Middle East while also watching macroeconomic data.
Strategy’s stock, MSTR, traded down less than 1% in premarket activity. The move reflected Bitcoin’s steady price action during the same period.
The company’s continued accumulation comes as investors assess both geopolitical risks and crypto market conditions.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SEC Chairman Paul Atkins Proposes Crypto Safe Harbor Framework to Provide Regulatory Exemptions for Token Issuances
U.S. SEC Chair Paul Atkins proposed launching a "safe harbor" exemption program to provide flexible compliance pathways for cryptocurrency companies, including "startup exemptions" and "financing exemptions." The SEC plans to release relevant rule drafts in the coming weeks to clarify the regulatory scope of crypto assets, which could attract more institutional capital into the market.
GateNews5m ago
Bitcoin Spot ETF Net Inflow of 198 Million Yesterday, BlackRock's IBIT Accounts for Over 80%
Gate News reports that on March 18, according to Trader T's monitoring, Bitcoin spot ETF saw total net inflows of $198 million yesterday. Among these, BlackRock's IBIT had net inflows of $168 million, accounting for over 80% of the day's total inflows; Fidelity's FBTC had net inflows of $24.39 million; VanEck HODL had net inflows of $3.17 million; ARK's ARKB had net inflows of $2.48 million; other ETFs had zero inflows for the day.
GateNews10m ago
Citi Group Cuts BTC and ETH 12-Month Price Targets to $112,000 and $3,175
Citigroup has lowered its price forecasts for Bitcoin and Ethereum over the next 12 months due to the stagnation of U.S. cryptocurrency market legislation, with the Bitcoin target price reduced to $112,000 and Ethereum to $3,175, and has also revised down its expectations for ETF demand. Regulatory developments have a significant impact on the market.
GateNews29m ago
Suspected Cumberland wallet withdrew 543.5 BTC from a certain CEX 6 hours ago, worth approximately $40.58 million
Gate News reports that on March 18, on-chain analysts monitoring showed that 6 hours ago, a wallet believed to belong to Cumberland withdrew a total of 543.5 BTC from a certain CEX, valued at approximately $40.58 million. The destination and purpose of the funds remain unclear.
GateNews35m ago
Gate Card Maximum 5% Cashback Rewrites Crypto Payment Rules, Tiered Rewards Benefit Global Users
Gate has recently launched the new Gate Card, offering up to 5% cashback and a dual-tier upgrade system, supporting over 100 countries and 130 million merchants. Users can select their preferred cashback currency and enjoy a monthly spending limit of 1.3 million USD, making it suitable for high-net-worth individuals. The card's 1% processing fee can be offset by cashback earned by premium users, enabling positive returns, and encouraging users to accumulate rewards through spending and VIP upgrades.
MarketWhisper43m ago
