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Strategy Buys Another 17,994 BTC In $1.28 Billion Bitcoin Purchase

WeMaple AI by WeMaple AI
March 10, 2026
in Crypto
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Strategy Buys Another 17,994 BTC In $1.28 Billion Bitcoin Purchase
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Bitcoin treasury company Strategy has continued its accumulation push with a fresh acquisition involving 17,994 tokens of the cryptocurrency.

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Strategy Has Expanded Bitcoin Reserve With New $1.28 Billion Buy

In a new post on X, Strategy chairman Michael Saylor has shared details related to the latest routine Monday Bitcoin acquisition completed by the company. This buy was on the larger side, including a sum of 17,994 BTC. Strategy had to spend an average of $70,946 per token or $1.28 billion in total to assemble this stack.

In 2026 so far, the firm has made only one purchase that has been larger: the 22,305 BTC acquisition from January (worth $2.12 billion at the time). Following this new large addition, Strategy’s holdings have grown to 738,731 BTC, equivalent to nearly 3.7% of all tokens in circulation.

According to the filing with the US Securities and Exchange Commission (SEC), the purchase was funded using sales of the company’s STRC and MSTR at-the-market (ATM) stock offerings.

Overall, this was the 102nd Bitcoin buy made by Strategy. In total, the treasury company has invested $56.04 billion into the cryptocurrency with these acquisitions.

These massive holdings are currently underwater, however, as the firm’s cost basis sits at $75,862 BTC, putting Strategy’s reserve in about 9% unrealized loss at the current spot price. Despite the underwater status, though, the company has continued to make purchases recently, solidifying its position as the largest public holder of Bitcoin, as the table from BitcoinTreasuries.net shows.

Bitcoin Treasuries

While accumulation from other digital asset treasury companies has fallen off after the bearish shift that the cryptocurrency sector has faced since the last quarter of 2025, another company besides Strategy has also continued to make regular purchases: Bitmine.

Bitmine is the largest Ethereum treasury and only second behind Strategy in overall public digital asset holders ranking. The company’s market standing is despite the fact that it only adopted its ETH treasury strategy in mid-2025.

Recently, the firm has been making regular Monday purchase announcements just like Strategy. According to the latest press release, Bitmine acquired 60,976 ETH over the past week, which is higher than 40,000 to 50,000 ETH average that the company has been hovering around lately. “As the adage goes, nobody ‘rings the bell at the bottom’ and therefore Bitmine’s strategy is to now slightly increase its pace of ETH accumulation,” noted Tom Lee, the company’s chairman.

Following the latest accumulation spree, Bitmine’s holdings have grown to 4,534,563 ETH, which represents a network supply share of 3.76%. The company has set a target of 5% of the Ethereum supply, so at this figure, it is already more than 75% of the way through.

BTC Price

Bitcoin dropped under $66,000 on Sunday, but the asset has since bounced back a bit as it’s now floating around $68,600.

Bitcoin Price Chart

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