Related News

Golden Knights advance to Stanley Cup final with depth scoring, defence and goaltending

Golden Knights advance to Stanley Cup final with depth scoring, defence and goaltending

May 27, 2026
Manitoba man hopes father will be among prisoners released in Venezuela

Manitoba man hopes father will be among prisoners released in Venezuela

January 22, 2026
With Over $23.8M Raised, is Bitcoin Hyper the Next Crypto to Explode?

With Over $23.8M Raised, is Bitcoin Hyper the Next Crypto to Explode?

October 16, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

Related News

Golden Knights advance to Stanley Cup final with depth scoring, defence and goaltending

Golden Knights advance to Stanley Cup final with depth scoring, defence and goaltending

May 27, 2026
Manitoba man hopes father will be among prisoners released in Venezuela

Manitoba man hopes father will be among prisoners released in Venezuela

January 22, 2026
With Over $23.8M Raised, is Bitcoin Hyper the Next Crypto to Explode?

With Over $23.8M Raised, is Bitcoin Hyper the Next Crypto to Explode?

October 16, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
CONTRIBUTE
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
WEMAPLE NEWS - Brand Partnerships
No Result
View All Result
Home Crypto

Strategy Adds 1,031 Bitcoin As Price Remains Below Cost Basis

WeMaple AI by WeMaple AI
March 24, 2026
in Crypto
0
Strategy Adds 1,031 Bitcoin As Price Remains Below Cost Basis
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Bitcoin treasury company Strategy has made a new Bitcoin purchase, adding another $76.6 million worth of the cryptocurrency to its stack.

You might also like

CLARITY Act Update Today: Crypto Bill Gains Momentum After MCSA Policy Shift

Top 10 Cryptocurrencies To Watch in 2026

Robinhood Earn Adds 7% USDG Yield Offer As Stablecoin Competition Heats Up

Strategy Has Bought Another 1,031 Bitcoin

In a new post on X, Strategy co-founder and chairman Michael Saylor has shared the details related to the latest Bitcoin purchase made by the treasury company. On the last two Mondays, the firm made giant purchases worth more than $1 billion each, but it seems that the firm has slowed back down again with the latest acquisition as it has involved just 1,031 tokens.

For comparison, the previous two buys saw 17,994 and 22,337 coins enter Strategy’s coffers. The latter was the largest acquisition of 2026 and in fact, the fifth largest buy overall made by the firm since it started accumulating BTC back in 2020.

Strategy spent a total of $76.6 million for the latest acquisition, coming down to an average of $74,326 per token. According to the filing with the US Securities and Exchange Commission (SEC), the company funded the purchase entirely using sales of its MSTR at-the-market (ATM) stock offering. This means that this purchase diverges from what has been witnessed recently.

As Strategy highlighted in an official X post a few days ago, the company has been shifting toward more credit recently.

Strategy STRC

As displayed in the above chart, Strategy’s purchases got 55% of their funding through credit in March before the latest acquisition. “We’ve been buying more $BTC through $STRC lately,” noted the company in the post. For the latest buy, though, the company didn’t use STRC at all. That said, the acquisition was also a lighter one compared to other purchases from this month.

Following the new addition, Strategy’s Bitcoin holdings have grown to 762,099 BTC, equivalent to nearly 3.81% of the entire circulating supply of the cryptocurrency. Saylor’s firm spent a total of $57.69 billion on this stack, but currently, these reserves are underwater as BTC has continued to trade at levels lower than the company’s cost basis of $75,694.

Though, Strategy isn’t in a big loss right now. A treasury company that’s facing a much steeper unrealized loss is Bitmine, the Strategy-equivalent for Ethereum, the second largest digital asset by market cap.

Despite being deep underwater, the firm has continued with its aggressive ETH buying recently. According to a Monday press release, this accumulation has furthered over the past week. Thomas “Tom” Lee, Bitmine chairman, said:

Bitmine has maintained the increased pace of ETH buys in each of the past three weeks, as our base case is ETH is in the final stages of the ‘mini-crypto winter.’ In the past week, we acquired 65,341 ETH compared to an average of 45k to 50k weekly prior to that.

BTC Price

Bitcoin dropped below $68,000 earlier, but the coin has since jumped back to $70,500.

Bitcoin Price Chart

Read Entire Article
Tags: Celebrity NewsCrypto
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

CLARITY Act Update Today: Crypto Bill Gains Momentum After MCSA Policy Shift

by WeMaple AI
July 4, 2026
0
CLARITY Act Update Today: Crypto Bill Gains Momentum After MCSA Policy Shift

The post CLARITY Act Update Today: Crypto Bill Gains Momentum After MCSA Policy Shift appeared first on Coinpedia Fintech News The Major County Sheriffs of America (MCSA) has...

Read more

Top 10 Cryptocurrencies To Watch in 2026

by WeMaple AI
July 4, 2026
0
Top 10 Cryptocurrencies To Watch in 2026

The post Top 10 Cryptocurrencies To Watch in 2026 appeared first on Coinpedia Fintech News 1 Bitcoin (BTC) Market Cap: ~$123 trillionPrice: ~$61,685 Bitcoin still commands the room...

Read more

Robinhood Earn Adds 7% USDG Yield Offer As Stablecoin Competition Heats Up

by WeMaple AI
July 3, 2026
0
Robinhood Earn Adds 7% USDG Yield Offer As Stablecoin Competition Heats Up

Robinhood added a 7% APY USDG Earn structure as stablecoin competition expands across retail crypto

Read more

Bitcoin Traders Watch Macro Signals As Kraken Flags Policy Uncertainty

by WeMaple AI
July 3, 2026
0
Bitcoin Traders Watch Macro Signals As Kraken Flags Policy Uncertainty

Bitcoin traders are watching macro signals again as Kraken’s economic brief highlights rate and policy

Read more

Strategy bought time but Bitcoin’s next cycle may need buyers beyond Saylor

by WeMaple AI
July 3, 2026
0

Michael Saylor’s Strategy has calmed the immediate panic around its preferred-stock complex, but the company’s latest overhaul points to a more complicated phase for one of Bitcoin’s most

Read more
Next Post
Cardano (ADA) Price Prediction: Reversal Signs Emerge as RSI Hits Oversold

Cardano (ADA) Price Prediction: Reversal Signs Emerge as RSI Hits Oversold

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Golden Knights advance to Stanley Cup final with depth scoring, defence and goaltending

Golden Knights advance to Stanley Cup final with depth scoring, defence and goaltending

May 27, 2026
Manitoba man hopes father will be among prisoners released in Venezuela

Manitoba man hopes father will be among prisoners released in Venezuela

January 22, 2026
With Over $23.8M Raised, is Bitcoin Hyper the Next Crypto to Explode?

With Over $23.8M Raised, is Bitcoin Hyper the Next Crypto to Explode?

October 16, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS – Brand Partnerships

Wemaple will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

BROWSE BY TAG

AZO Clean Tech Bitcoinist Bitcoinmagazine Canada News CBC.ca Celebrity News Christian Post CoinPedia Corporate Knights Crypto Cryptoslate Faith Geothermal Golf Hockey Lifehacker Ludwig-van.com NcrOnline newsbtc Skateboarding tomsguide.com Utah news dispatch

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.