After hinting about another purchase on Sunday, Strategy’s co-founder and former CEO, Michael Saylor, has made it official, indicating that his firm has splashed $204.1 million to acqure additional 3,015 BTC.
The average cost for the latest transaction was $67,700, and the company’s stash has grown to 720,737 BTC. It was purchased at an average price of just under $76,000, which means that the NASDAQ-listed firm continues to be deep in the red on its bitcoin position.
With the cryptocurrency’s price trading at around $66,000 as of press time, Strategy’s fortune is worth around $47.5 billion, which represents an unrealized net loss of over $7 billion.
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
Most comments below Saylor’s posts outlined their support for the move, with one user calling the purchase of 3,015 BTC during the current macro conditions a show of “conviction” and not hesitation.
Strategy’s stock price has not opened for trading yet after the weekend events in the Middle East, but is down by 0.5% in pre-market trading. More volatility is expected when Wall Street opens in a few hours.
The post Saylor’s Strategy Spends Over $200 Million to Acquire 3,015 BTC: Details appeared first on CryptoPotato.
Some of the comments below the company’s post said this purchase shows “conviction, not hesitation.” Crypto News, social, Top News, Bitcoin, Michael Saylor, MicroStrategy
This articles is written by : Nermeen Nabil Khear Abdelmalak
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