Strategy Adds 22,337 BTC for $1.57B While Metaplanet and BitMine Expand Crypto Reserves
Strategy acquired 22,337 BTC for $1.57 billion between March 9-15, bringing its total holdings to 761,068 BTC. Meanwhile, Metaplanet raised $255M and BitMine now controls 3.81% of Ethereum's supply.
Strategy Snaps Up 22,337 BTC in Latest $1.57 Billion Purchase
Between March 9 and March 15, 2026, Strategy acquired 22,337 BTC at an average price of $70,194 per coin, spending approximately $1.57 billion. The purchase price came in below the company's overall average cost basis of $75,696 per bitcoin.
"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" — Michael Saylor (@saylor), original post
Strategy's total bitcoin reserves now stand at 761,068 BTC, purchased for a cumulative $57.61 billion since August 2020. This transaction ranks among the company's five largest bitcoin acquisitions ever. Just the week before, Strategy had already bought 17,994 BTC for $1.28 billion.
Why This Matters
Strategy remains the world's largest corporate bitcoin holder by a wide margin. Its consistent, large-scale weekly purchases signal sustained institutional demand for BTC even amid market uncertainty. The company's model of funding bitcoin acquisitions through securities issuance has become a blueprint for public companies looking to adopt crypto treasury strategies.
Funding the Purchase Through Securities Sales
Strategy financed the acquisition by selling two types of securities. The issuance of 11.9 million preferred Stretch shares (STRC) generated $1.18 billion, while the sale of 2.8 million common shares (MSTR) brought in an additional $396 million.
Founder Michael Saylor stated that STRC has become the most liquid preferred stock instrument on the market.
"$STRC is now the most liquid preferred stock in the market." — Michael Saylor (@saylor), original post
BTC/USDT hourly chart on Binance. At time of writing, BTC trades near $74,390, up 3.9% in 24 hours. Source: TradingView.
Metaplanet Raises $255M to Grow Bitcoin Holdings
Japanese investment firm Metaplanet raised $255 million from institutional investors worldwide through a share placement priced at a 2% premium. The bulk of the capital — $357 million — will be allocated toward purchasing bitcoin.
"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…" — Simon Gerovich (@gerovich), original post
Metaplanet's management has set ambitious targets: accumulate 100,000 BTC by year-end 2026 and 210,000 BTC by the end of 2027. At the close of 2025, the firm held 35,102 BTC — a nearly 19x increase over the year.
Remaining funds will be deployed as follows:
- $132 million for loan repayments;
- $39.5 million for bitcoin options collateral.
Market corrections pushed Metaplanet's debt-to-crypto-asset ratio to 11%, and management aims to keep it below 10%. Volatility in 2025 resulted in a $680 million impairment loss on the company's books.
Metaplanet Inc. published a notice revising its full-year earnings forecast — original post
Despite the impairment, the annual revenue forecast was raised from ¥6.8 billion to ¥8.58 billion, driven by strong returns from crypto operations.
BitMine Expands Its Ethereum Position
BitMine Immersion Technologies reported total assets of $11.5 billion, encompassing cryptocurrencies, fiat reserves, and venture investments. The firm's balance sheet includes 196 BTC and 4.59 million ETH.
"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) (@BitMNR), original post
BitMine now controls 3.81% of Ethereum's total supply, with a stated goal of reaching 5%. The company leads all entities in staked assets, with over 3 million ETH worth $6.6 billion locked in staking, generating $180 million in annual revenue.
Over the past week, BitMine accelerated purchases, acquiring approximately 61,000 ETH. Board Chairman Tom Lee attributed the move to the conclusion of a market downturn phase. The firm also purchased 5,000 ETH directly from the Ethereum Foundation, allowing the Foundation to fund operations without selling tokens on the open market.
BitMine holds an additional $1.2 billion in cash and ranks second globally among corporate crypto reserve holders. Previously, short positions against Strategy shares had reached $6 billion against the company's $42 billion market capitalization.
Frequently Asked Questions
How many bitcoins does Strategy hold in total?
As of March 15, 2026, Strategy holds 761,068 BTC acquired for a cumulative $57.61 billion since August 2020. The average purchase price across all holdings is $75,696 per bitcoin.
What is Metaplanet's bitcoin accumulation target?
Metaplanet aims to accumulate 100,000 BTC by the end of 2026 and 210,000 BTC by the end of 2027. At year-end 2025, the firm held 35,102 BTC, representing a nearly 19x increase over the year.
How much of Ethereum's supply does BitMine control?
BitMine holds 4.59 million ETH, representing 3.81% of Ethereum's total supply. The company has set a goal to acquire 5% of the altcoin's total issuance and leads in staked assets with over 3 million ETH locked.
How does Strategy fund its bitcoin purchases?
Strategy finances acquisitions through securities issuance. The latest purchase was funded by selling 11.9 million STRC preferred shares for $1.18 billion and 2.8 million MSTR common shares for $396 million.
What is BitMine's total asset value?
BitMine Immersion Technologies reported total assets of $11.5 billion, including cryptocurrencies, fiat cash, and venture investments. The company holds $1.2 billion in cash and ranks second globally in corporate crypto reserves.
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