Bitcoin treasury company Strategy has continued its accumulation push with a fresh acquisition involving 17,994 tokens of the cryptocurrency. Strategy Has ExpandedBitcoin treasury company Strategy has continued its accumulation push with a fresh acquisition involving 17,994 tokens of the cryptocurrency. Strategy Has Expanded

Strategy Buys Another 17,994 BTC In $1.28 Billion Bitcoin Purchase

2026/03/10 18:00
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Bitcoin treasury company Strategy has continued its accumulation push with a fresh acquisition involving 17,994 tokens of the cryptocurrency.

Strategy Has Expanded Bitcoin Reserve With New $1.28 Billion Buy

In a new post on X, Strategy chairman Michael Saylor has shared details related to the latest routine Monday Bitcoin acquisition completed by the company. This buy was on the larger side, including a sum of 17,994 BTC. Strategy had to spend an average of $70,946 per token or $1.28 billion in total to assemble this stack.

In 2026 so far, the firm has made only one purchase that has been larger: the 22,305 BTC acquisition from January (worth $2.12 billion at the time). Following this new large addition, Strategy’s holdings have grown to 738,731 BTC, equivalent to nearly 3.7% of all tokens in circulation.

According to the filing with the US Securities and Exchange Commission (SEC), the purchase was funded using sales of the company’s STRC and MSTR at-the-market (ATM) stock offerings.

Overall, this was the 102nd Bitcoin buy made by Strategy. In total, the treasury company has invested $56.04 billion into the cryptocurrency with these acquisitions.

These massive holdings are currently underwater, however, as the firm’s cost basis sits at $75,862 BTC, putting Strategy’s reserve in about 9% unrealized loss at the current spot price. Despite the underwater status, though, the company has continued to make purchases recently, solidifying its position as the largest public holder of Bitcoin, as the table from BitcoinTreasuries.net shows.

While accumulation from other digital asset treasury companies has fallen off after the bearish shift that the cryptocurrency sector has faced since the last quarter of 2025, another company besides Strategy has also continued to make regular purchases: Bitmine.

Bitmine is the largest Ethereum treasury and only second behind Strategy in overall public digital asset holders ranking. The company’s market standing is despite the fact that it only adopted its ETH treasury strategy in mid-2025.

Recently, the firm has been making regular Monday purchase announcements just like Strategy. According to the latest press release, Bitmine acquired 60,976 ETH over the past week, which is higher than 40,000 to 50,000 ETH average that the company has been hovering around lately. “As the adage goes, nobody ‘rings the bell at the bottom’ and therefore Bitmine’s strategy is to now slightly increase its pace of ETH accumulation,” noted Tom Lee, the company’s chairman.

Following the latest accumulation spree, Bitmine’s holdings have grown to 4,534,563 ETH, which represents a network supply share of 3.76%. The company has set a target of 5% of the Ethereum supply, so at this figure, it is already more than 75% of the way through.

BTC Price

Bitcoin dropped under $66,000 on Sunday, but the asset has since bounced back a bit as it’s now floating around $68,600.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

LgMining uses advanced mining equipment and intelligent technology: leading the new energy intelligent computing power revolution, the world’s most efficient cloud mining platform

LgMining uses advanced mining equipment and intelligent technology: leading the new energy intelligent computing power revolution, the world’s most efficient cloud mining platform

The post LgMining uses advanced mining equipment and intelligent technology: leading the new energy intelligent computing power revolution, the world’s most efficient cloud mining platform appeared on BitcoinEthereumNews.com. In the rapidly evolving world of cryptocurrency, individuals are always on the lookout for simple, efficient, and profitable ways to dive into the digital currency space. Cloud mining has gained tremendous popularity for its ease of use and accessibility, allowing beginners and seasoned investors alike to mine cryptocurrencies without investing in expensive hardware or managing complex setups. Among the myriad of options available, LgMining stands out as a premier platform for free cloud mining. Whether you’re aiming to earn Bitcoin, Ethereum, or other top cryptocurrencies, LgMining offers an incredibly attractive opportunity to earn passive income effortlessly. The Power of Cloud Mining: No Hardware, No Hassle Cloud mining offers a streamlined approach to cryptocurrency mining. Unlike traditional methods that require high-powered mining rigs, costly equipment, and technical expertise, cloud mining allows you to rent computational power from remote data centers. This eliminates the need for complex setups and maintenance while enabling users to mine digital currencies efficiently. Cloud mining is ideal for those who want to generate income from cryptocurrency mining without the associated high costs, risks, or energy consumption. LgMining: Leading the Cloud Mining Revolution LgMining is revolutionizing the world of cloud mining with its user-friendly platform, powerful mining infrastructure, and innovative approach to sustainability. The platform provides access to top-tier mining hardware and utilizes renewable energy sources like wind and solar power to maximize efficiency. This not only reduces costs but also ensures that users benefit from eco-friendly mining practices. With more than 5.8 million active users globally, LgMining has built a reputation for reliability, security, and transparency. By removing the barriers to entry that traditional mining methods present, LgMining makes it possible for anyone—whether a novice or an experienced crypto enthusiast—to profit from cryptocurrency mining without dealing with the complexities of setting up mining rigs. Free Cloud Mining…
Share
BitcoinEthereumNews2025/09/18 19:30
Tesla (TSLA) Stock Climbs as Its Biggest Battery Maker Crushes Estimates

Tesla (TSLA) Stock Climbs as Its Biggest Battery Maker Crushes Estimates

TLDR Tesla (TSLA) stock rose 1.2% to $403.25 on Tuesday after battery supplier CATL beat Q4 earnings expectations. CATL reported net income of $3.3B vs. the $2.
Share
Coincentral2026/03/10 21:24
“Bitcoin Is Going to Die”- Hollywood Fame Terrence Howard Warns BTC Investors

“Bitcoin Is Going to Die”- Hollywood Fame Terrence Howard Warns BTC Investors

The post “Bitcoin Is Going to Die”- Hollywood Fame Terrence Howard Warns BTC Investors appeared on BitcoinEthereumNews.com. Oscar-nominated Hollywood actor Terrence
Share
BitcoinEthereumNews2026/03/10 20:54