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Saylor’s Strategy Returns to Common Stock for Latest Bitcoin Buy

Melos Ambaye
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⚡ Quantum Brief
Michael Saylor’s Strategy Inc. acquired $76.5 million in Bitcoin, purchasing 1,031 BTC between March 16–22, 2026, per a regulatory filing. This marks the firm’s latest expansion of its Bitcoin holdings. The purchase was funded entirely through at-the-market sales of its Class A common stock, shifting from the preferred shares used in prior acquisitions. This signals a strategic pivot in capital allocation. The move follows a week of relying on preferred shares for Bitcoin purchases, indicating flexibility in funding methods. Common stock sales now resume as the primary financing tool. Strategy Inc., formerly MicroStrategy, continues its aggressive Bitcoin accumulation strategy, reinforcing its position as a major corporate holder of the cryptocurrency. The transaction underscores the company’s long-term bet on Bitcoin as a reserve asset, despite market volatility and evolving regulatory landscapes.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Michael SaylorMichael Saylor’s Strategy Inc. purchased roughly $76.5 million worth of Bitcoin, turning back to its common stock to fund the latest acquisition following a week of relying on its preferred shares.The company, formerly known as MicroStrategy, bought 1,031 Bitcoin between March 16 and March 22, according to a regulatory filingBloomberg Terminal Monday. The entire purchase was made using proceeds from at-the-market sales of its Class A common stock.

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Source: Bloomberg Technology

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