In the week starting March 16, Strategy acquired 1,030 BTC for approximately $77.6 million, increasing its treasury to 762,099 BTC.
Strategy has acquired 1,031 BTC for ~$76.6 million at ~$74,326 per bitcoin. As of 3/22/2026, we hodl 762,099 $BTC acquired for ~$57.69 billion at ~$75,694 per bitcoin. $MSTR $STRChttps://t.co/goog7l1eaV
— Strategy (@Strategy) March 23, 2026
The average price of the firm’s latest bitcoin purchase was $74,326.
Over the weekend, the asset’s value plummeted below $69,000 amid escalating tensions in Iran. On Monday, March 23, the asset’s value partially recovered following the U.S. president’s announcement of a halt to airstrikes — at the time of writing, the price reached approximately $71,140.
In recent months, Strategy has repeatedly acquired digital gold before downturns. Such purchases were made by the firm, for instance, in December, January, and February.
By the end of 2025, the company had accumulated 675,497 bitcoins, which cost an average of $74,997 each.
To form the current crypto reserve of 762,099 BTC, Strategy spent a total of $57.69 billion — averaging $75,694 per coin.
The firm’s “paper” loss on digital gold is approximately $3.4 billion. Its market capitalization of around $46.4 billion falls short of the bitcoin treasury’s value by about $10 billion.
The recent purchase of 1,031 BTC was financed by selling 509,111 common shares of MSTR for $76.5 million.
BitMine Increases Ethereum Accumulation Rate
BitMine Immersion Technologies acquired 65,341 ETH over the week.
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BitMine provided its latest holdings update for March 23, 2026:$11.0 billion in total crypto + “moonshots”:
— 4,660,903 ETH at $2,072 per ETH (@coinbase)
— 196 Bitcoin (BTC)
— $200 million stake in Beast Industries @MrBeast
— $95 million stake in…— Bitmine (NYSE-BMNR) $ETH (@BitMNR) March 23, 2026
As of March 23, the firm held 4.66 million ETH at an average price of $2,072. At current valuations, digital assets are estimated at approximately $9.9 billion.
“As many have noted, cryptocurrencies, especially ETH, have outperformed the broader market since the onset of the war in Iran: ETH has risen by 18% and outpaced stocks by 2,450 basis points. This sharply contrasts with gold (a traditional store of value), which has fallen by more than 15%. Cryptocurrency is proving to be a good store of value in ‘wartime’,” stated BitMine Chairman Tom Lee.
He noted that the firm has increased its pace of ether purchases, which previously averaged 45,000-50,000 ETH per week.
The company has placed 3.14 million ETH in staking. The projected annual income from the coins reaches $184 million. After locking all accumulated cryptocurrency, this figure could theoretically rise to $272 million.
Having accumulated approximately 3.86% of the Ethereum market supply over eight months, BitMine confidently holds the second-largest corporate reserve value after Strategy.
In addition to 4.66 million ETH, the company owns:
- 196 BTC;
- stakes in Beast Industries ($200 million) and Eightco Holdings ($95 million);
- cash reserves of $1.1 billion.
The total assets of BitMine exceed $11 billion with a capitalization of approximately $9.4 billion.
H100 to Triple Bitcoin Reserve Size
The Swedish company H100 Group, specializing in providing institutional investors access to the first cryptocurrency, has signed a preliminary agreement to acquire Norwegian firms Moonshot AS and Never Say Die AS.
The deal is expected to be calculated based on the ratio of corporate bitcoin reserves of the enterprises. The transaction will be executed through a share exchange.
The final agreement is planned to be reached by April 22, 2026.
According to the statement, the acquisition will allow H100 to increase its corporate bitcoin treasury from the current 1,051 BTC to approximately 3,500 BTC — one of the highest levels in Europe.
In March, the government of Bhutan continued to withdraw the first cryptocurrency from its sovereign crypto reserve.