Michael Saylor’s Firm Marks 101st Bitcoin Acquisition, Surpassing 720K BTC

common.time_ago.hour

Newsroom

Who is Michael Saylor, and why is his Bitcoin strategy so popular?

What is the significance of MicroStrategy's 101st Bitcoin acquisition?

How did MicroStrategy manage to buy Bitcoin below market cost?

Michael Saylor’s Firm Marks 101st Bitcoin Acquisition, Surpassing 720K BTC — Image source: Unblock Media

Strategy acquires 3,015 BTC at $67,700 per coin, totaling $204.1 million.
New purchase highlights company’s growing dominance in Bitcoin adoption.

On March 2, 2026, reports from The Block and CoinPaper confirmed that Michael Saylor’s company, Strategy, finalized its 101st Bitcoin acquisition. The firm purchased 3,015 BTC for approximately $204.1 million, achieving an average price of $67,700 per coin. This transaction boosted Strategy’s total Bitcoin holdings to 720,737 BTC, secured at a cumulative cost of $54.8 billion.

What stands out in this transaction is the purchase price of $67,700 per Bitcoin, which remains significantly below Strategy’s aggregate average cost of $75,985 per coin. By securing BTC at a reduced price point, Strategy continues to refine its cost basis—demonstrating a disciplined and methodical approach to Bitcoin accumulation during periods of favorable market conditions.

This acquisition underscores Strategy’s unwavering commitment to its Bitcoin-centric treasury approach. To maintain this strategy, the company funds purchases through the issuance of common (MSTR) and preferred (STRC) stock. Through its consistent buying activity, Strategy not only solidifies its position as the largest publicly traded corporate holder of Bitcoin but also provides a unique investment vehicle for those seeking exposure to the leading cryptocurrency.

While Bitcoin prices showed minimal movement during this period, Strategy’s stock (MSTR) recorded slight gains ahead of the news. This reflects investor confidence in the firm’s ability to opportunistically acquire Bitcoin below its average cost during subdued market conditions.

Additionally, Strategy’s ongoing acquisitions highlight the growing institutional presence in the Bitcoin sector. Large-scale purchases by corporations such as Strategy contribute to stabilizing demand within the cryptocurrency market, influencing long-term sentiment and market confidence. As institutional players continue to scale their involvement, they play a pivotal role in shaping the future trajectory of the Bitcoin market.

As of March 2, 2026, 15:08 UTC, Bitcoin (BTC) is trading at $67,536.93, with a 0.97% change in 24-hour trading volume, according to CoinMarketCap.