The $1.57B Bitcoin Purchase

Executive Chairman Michael Saylor announced the acquisition, bringing total holdings to 761,068 coins acquired for $57.61 billion, or an average of $75,696 per coin. 

The firm funded most of the purchase through $1.1 billion in STRC series preferred stock sales and $396 million in common stock sales.

Michael Saylor hinted at the purchase Sunday with an X post reading “Stretch the Orange Dots,” the eleventh such hint shared in 2026. This pattern typically precedes Strategy Bitcoin purchase announcements.

The $1.57 billion buy follows Strategy’s acquisition of 17,994 BTC between March 2-8 for about $1.28 billion at an average price of $70,946. 

The…

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