From March 9 to 15, Strategy purchased 22,337 BTC for approximately $1.57 billion. The company's total cryptocurrency reserves now stand at 761,068 BTC.

Strategy has acquired 22,337 BTC for ~$1.57 billion at ~$70,194 per bitcoin. As of 3/15/2026, we hodl 761,068 $BTC acquired for ~$57.61 billion at ~$75,696 per bitcoin. $MSTR $STRC https://t.co/6hv6PjzOKQ

— Michael Saylor (@saylor) March 16, 2026

The average purchase price was $70,194, which is lower than the overall acquisition cost of all the company's coins at $75,696. Since August 2020, the firm has spent $57.61 billion on Bitcoin.

This transaction ranks among the top five for Strategy. Just a week earlier, the company acquired 17,994 BTC for $1.28 billion.

The purchases were financed through a securities offering. The firm sold 11.9 million preferred Stretch (STRC) shares for $1.18 billion, and the sale of 2.8 million common shares (MSTR) generated an additional $396 million.

According to Strategy's founder Michael Saylor, STRC has become the most liquid preferred stock on the market.

$STRC is now the most liquid preferred stock in the market. pic.twitter.com/LgT8aadprP

— Michael Saylor (@saylor) March 14, 2026

As of the time of writing, Bitcoin is trading near $74,390, having gained 3.9% in the last 24 hours.

Hourly chart of BTC/USDT on Binance. Data: TradingView.

Metaplanet and Bitcoin

The Japanese investment firm Metaplanet raised $255 million from institutional investors through a share placement at a 2% premium. Most of the funds ($357 million) will be used to acquire digital gold.

Metaplanet has raised ~$255m from global institutional investors via a placement of new shares priced at a 2% premium, paired with fixed-strike warrants at a 10% premium that monetize our equity volatility for up to ~$276m in additional capital upon exercise. Up to ~$531m in… pic.twitter.com/0tg62TopGR

— Simon Gerovich (@gerovich) March 16, 2026

The management's strategic goal is to accumulate 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027. As of the end of 2025, Metaplanet held 35,102 BTC, with reserves increasing nearly 19 times over the year.

The remaining capital will be allocated for operational needs:

  • $132 million will go towards debt repayment;
  • $39.5 million will be used to secure Bitcoin options transactions.

Repaying obligations will help reduce the company's debt burden. Due to market corrections, Metaplanet's debt-to-crypto asset ratio has risen to 11%. The company aims to keep this ratio below 10%.

Despite high volatility in 2025, Metaplanet reported a $680 million loss from asset impairment.

*Notice Regarding Revision of Full-Year Earnings Forecast for Fiscal Year Ending December 2025, Recording of Bitcoin Impairment Loss, and Announcement of Full-Year Earnings Forecast for Fiscal Year Ending December 2026* pic.twitter.com/VIKYRYb981

— Metaplanet Inc. (@Metaplanet) January 26, 2026

Nevertheless, the firm has raised its annual revenue forecast from 6.8 billion to 8.58 billion yen, thanks to strong returns from cryptocurrency operations.

BitMine and Ethereum

BitMine Immersion Technologies' assets have reached $11.5 billion, including cryptocurrencies, fiat, and venture investments.

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BitMine provided its latest holdings update for March 16, 2026:

$11.5 billion in total crypto + "moonshots":
— 4,595,562 ETH at $2,185 per ETH (@coinbase)
— 196 Bitcoin (BTC)
— $200 million stake in Beast Industries @MrBeast
— $83 million stake in…

— Bitmine (NYSE-BMNR) $ETH (@BitMNR) March 16, 2026

BitMine's reserves include 196 BTC and 4.59 million ETH, representing 3.81% of the total Ethereum market supply. The platform aims to buy back 5% of the altcoin's issuance.

The firm leads in the volume of assets staked in staking. BitMine utilizes over 3 million ETH worth $6.6 billion, generating $180 million in annual revenue.

Last week, the company ramped up its purchasing pace and acquired around 61,000 ETH. Chairman Tom Lee explained this as a response to the end of the market downturn.

Additionally, BitMine purchased 5,000 ETH directly from the Ethereum Foundation, allowing the foundation to fund its operations without selling coins on the open market.

The firm also holds $1.2 billion in cash. BitMine ranks second globally in corporate cryptocurrency reserves.

It’s worth noting that at the end of February, the volume of short positions on Strategy's shares reached $6 billion with the company's market capitalization at $42 billion.