Strategy Executes Largest BTC Purchase Since November , Acquiring 22,337 Bitcoin as Fundraising Accelerates

Strategy has dramatically escalated its Bitcoin acquisition strategy, purchasing 22,337 BTC this week in its largest single buy since November 2024, signaling a powerful return to aggressive accumulation fueled by renewed fundraising momentum. The company spent approximately $1.57 billion at an average price of $70,194 per bitcoin, breaking its previous January high and solidifying its position as a major institutional holder with a total stash of 761,068 BTC valued at over $57.6 billion.

Strategy sells more STRC

The main source of more lively fundraising is STRC. The preferred stock is extending its trading range to $99-$101, where Strategy can sell more of the stock. 

With an effective interest rate of 11.5% in March, STRC is a tool for both BTC exposure and passive income. 

The weekly STRC performance is also boosting the confidence of Strategy investors, as some of the data appears in real time. 

$STRC shatters all records—7.3M shares, every single one above threshold.

~4,038 BTC estimated. That's nearly double yesterday's monster session. Volume at 471% of average.

Nine straight days of ATM activity. Uncharted territory.https://t.co/lVNalzUMK3 pic.twitter.com/9niy13GV91

— STRC.live (@STRC_live) March 12, 2026

The only warning with STRC is that Strategy will have to pay down its dividends monthly, quickly building a larger liquidity burden. 

Strategy still uses MSTR

Strategy still uses a mixed weekly issuance of STRC and MSTR. This time, for the first time, the STRC raise surpasses MSTR’s funds raised. 

Strategy raised $1.18B from STRC, and an additional 396M from MSTR. The company has $6.3B more in approved MSTR shares, while STRC issuance is not capped. 

Currently, STRC is the most actively traded preferred stock. Euro-denominated SATA is also growing rapidly, but has a small share of the whole Strategy mix. 

Despite the dilution, MSTR traded at $139.60, near the upper end of its range over the past month. In the past, MSTR has amplified BTC’s performance, so the recent interest in the shares may reflect expectations of a BTC price recovery. 

The recent enthusiasm still comes with the warning that STRC and weekly purchases still depend on continued inflows. The STRC approach may be less viable in a prolonged bear market with deeper losses.

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