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\n\t\t\t\t\t\t\t\t\tSome of the comments below the company’s post said this purchase shows “conviction, not hesitation.”\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
After hinting about another purchase on Sunday, Strategy\u2019s 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.<\/p>\n
The average cost for the latest transaction was $67,700, and the company\u2019s 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.<\/p>\n
With the cryptocurrency\u2019s price trading at around $66,000 as of press time, Strategy\u2019s fortune is worth around $47.5 billion, which represents an unrealized net loss of over $7 billion.<\/p>\n
\nStrategy has acquired 3,015 BTC for ~$204.1 million at ~$67,700 per bitcoin. As of 3\/1\/2026, we hodl 720,737 $BTC<\/a> acquired for ~$54.77 billion at ~$75,985 per bitcoin. $MSTR<\/a> $STRC<\/a> https:\/\/t.co\/rqDIhlUDNx<\/a><\/p>\n
\u2014 Michael Saylor (@saylor) March 2, 2026<\/a><\/p>\n<\/blockquote>\n
Most comments below Saylor\u2019s posts outlined their support for the move, with one user calling<\/a> the purchase of 3,015 BTC during the current macro conditions a show of \u201cconviction\u201d and not hesitation.<\/p>\n
Strategy\u2019s stock price has not opened for trading yet after the weekend events<\/a> 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.<\/p>\n
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