Breaking: Michael Saylor’s Strategy Adds 3,015 BTC as Bitcoin Holds Steady Despite U.S.-Iran War
Yahoo Finance·2026-03-02 13:07

Group 1 - The company, Strategy, has made another weekly Bitcoin purchase, acquiring 3,015 BTC for $204.1 million at an average price of $67,700 per Bitcoin, bringing its total holdings to 720,737 BTC valued at $54.77 billion [2][4] - This marks the company's 10th consecutive weekly purchase, continuing its strategy of accumulating Bitcoin despite the ongoing U.S.-Iran tensions [4][5] - The latest purchase was funded through proceeds from the sale of MSTR and STRC shares, raising net proceeds of $229.9 million from 1.7 million MSTR shares and $7.1 million from 71,590 STRC shares [3] Group 2 - The company is currently facing an unrealized loss of just over $7 billion as Bitcoin trades below their average entry price, but management has expressed confidence in their ability to withstand the market downturn without liquidating their holdings [6] - Bitcoin has shown resilience, holding steady above $65,000 despite recent geopolitical tensions, which had previously caused a drop to as low as $63,000 [7] - The stock of Strategy (MSTR) opened in the green, trading at around $133, up over 2% from the previous week's close of $129, coinciding with Bitcoin's rise above $66,000 [8]

Breaking: Michael Saylor’s Strategy Adds 3,015 BTC as Bitcoin Holds Steady Despite U.S.-Iran War - Reportify