In the week starting March 16, Strategy acquired 1,031 BTC for approximately $77.6 million, increasing its treasury to 762,099 BTC.

Strategy has acquired 1,031 BTC for ~$76.6 million at ~$74,326 per bitcoin. As of 3/22/2026, we hodl 762,099 $BTC acquired for ~$57.69 billion at ~$75,694 per bitcoin. $MSTR $STRChttps://t.co/goog7l1eaV

— Strategy (@Strategy) March 23, 2026

The average price for this latest Bitcoin purchase was $74,326.

Over the weekend, the asset's price dropped below $69,000 amid escalating conflict in Iran. On Monday, March 23, the asset's price partially recovered following a statement from the U.S. President about halting airstrikes — at the time of writing, the price reached approximately $71,140.

In recent months, Strategy has frequently purchased digital gold before price dips. Such acquisitions occurred in December, January, and February.

By the end of 2025, the company had accumulated 675,497 Bitcoins, which cost an average of $74,997.

To form its current crypto reserve of 762,099 BTC, Strategy has spent a total of $57.69 billion — averaging $75,694 per coin.

The company is facing a "paper" loss of about $3.4 billion on its digital gold holdings. Its market capitalization of approximately $46.4 billion is less than the value of its Bitcoin treasury, which is around $10 billion.

Notably, the latest purchase of 1,031 BTC was financed through the sale of 509,111 common shares of MSTR for $76.5 million.

BitMine Accelerates Ethereum Accumulation

BitMine Immersion Technologies purchased 65,341 ETH over the past week.

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BitMine provided its latest holdings update for March 23, 2026:

$11.0 billion in total crypto + "moonshots":
— 4,660,903 ETH at $2,072 per ETH (@coinbase)
— 196 Bitcoin (BTC)
— $200 million stake in Beast Industries @MrBeast
— $95 million stake in…

— Bitmine (NYSE-BMNR) $ETH (@BitMNR) March 23, 2026

As of March 23, the firm holds 4.66 million ETH at an average price of $2,072. At current prices, these digital assets are valued at approximately $9.9 billion.

"As many have noticed, cryptocurrencies, especially ETH, have outperformed the broader market since the onset of the war in Iran: ETH has risen by 18% and outpaced stocks by 2450 basis points. This sharply contrasts with gold (a traditional store of value), which has fallen by more than 15%. Cryptocurrency is proving to be a good store of value in 'wartime'," said BitMine Chairman Tom Lee.

He noted that the company has increased its Ethereum purchasing rate, which previously averaged 45,000-50,000 ETH per week.

The company has staked 3.14 million ETH, with an estimated annual yield of $184 million. After locking all accumulated cryptocurrency, this figure could theoretically rise to $272 million.

Having accumulated approximately 3.86% of Ethereum's market supply over the past eight months, BitMine confidently ranks second in corporate reserve value after Strategy.

In addition to 4.66 million ETH, the company holds:

  • 196 BTC;
  • stakes in Beast Industries ($200 million) and Eightco Holdings ($95 million);
  • cash reserves of $1.1 billion.

The total asset volume of BitMine exceeds $11 billion, with a market capitalization of approximately $9.4 billion.

H100 to Triple Its Bitcoin Reserve

Swedish company H100 Group, which specializes in providing institutional investors access to Bitcoin, has signed a preliminary agreement to acquire Norwegian firms Moonshot AS and Never Say Die AS.

The deal is expected to be based on the ratio of the companies' corporate Bitcoin reserves and will be executed through a stock exchange.

The final agreement is anticipated by April 22, 2026.

According to the statement, the acquisition will allow H100 to increase its corporate Bitcoin treasury from the current 1,051 BTC to approximately 3,500 BTC — one of the highest levels in Europe.

It is worth noting that in March, the government of Bhutan continued to withdraw the first cryptocurrency from its sovereign crypto reserve.