Michael Saylor's Strategy is estimated to have purchased 114.6 BTC today using proceeds from its STRC preferred stock offering, according to a report circulating on Telegram. The purchase, if confirmed, would mark another step in Strategy's aggressive Bitcoin accumulation campaign that has defined the company's treasury playbook throughout 2026.
Estimated Purchase — Today via STRC
114.6 BTC
Strategy (Michael Saylor) · Source: Telegram report
Strategy's Estimated 114.6 BTC Purchase: What the Report Says
The figure originates from a Telegram post on the CoingraphNews channel, which estimated that Strategy acquired 114.6 BTC via its STRC instrument today. The claim has not been confirmed by an official SEC 8-K filing, which is Strategy's standard disclosure mechanism for Bitcoin purchases.
At current Bitcoin prices near $87,000, the estimated purchase would be worth roughly $10 million. That figure is modest compared to Strategy's recent multi-billion-dollar buys, but it aligns with the company's pattern of smaller, frequent acquisitions between larger block purchases.
Investors tracking Strategy's Bitcoin moves should note the distinction between estimated and confirmed figures. Strategy typically files 8-K disclosures with the SEC on Mondays, meaning official confirmation of today's reported purchase could arrive early next week.
What Is STRC and How Does Strategy Use It to Buy Bitcoin?
STRC is the ticker for Strategy's 10% Series A perpetual strife preferred stock, listed on Nasdaq. It functions as a capital-raising instrument: Strategy sells STRC shares to investors who receive a 10% annual dividend, and the company channels the proceeds directly into Bitcoin purchases.
The STRC offering is one of several capital instruments Strategy employs. The company also issues STRK preferred shares and conducts at-the-market (ATM) equity offerings of its MSTR common stock. Each vehicle serves the same end goal, funneling fresh capital into BTC accumulation.
This multi-instrument approach has allowed Strategy to bring its potential Bitcoin buying power back to $42 billion, according to CoinDesk reporting from earlier this week. The diversified funding strategy gives Strategy flexibility to tap whichever market offers the best terms at any given time.
STRC is distinct from MSTR common stock. While MSTR shareholders have equity exposure to Strategy's Bitcoin treasury, STRC holders receive a fixed dividend and take on different risk characteristics. The preferred stock structure lets Strategy raise capital without directly diluting MSTR common shareholders on a one-to-one basis.
Strategy's Bitcoin Accumulation in 2026: Putting 114.6 BTC in Context
Strategy holds over 500,000 BTC as of early 2026, making it the largest corporate Bitcoin holder in the world by a wide margin. The company's total holdings have been built through near-weekly purchases over the past several years, with the pace accelerating significantly in recent quarters.
The 114.6 BTC estimated purchase is small relative to Strategy's recent activity. Earlier in March, the company made a $1.3 billion Bitcoin purchase in a single week. Bloomberg reported that Strategy has returned to common stock sales for its latest Bitcoin buy, rotating between instruments depending on market conditions.
Michael Saylor has publicly committed to perpetual Bitcoin accumulation regardless of price. His stated thesis treats BTC as the ultimate store of value and Strategy's capital-markets machinery as a mechanism to continuously convert equity demand into Bitcoin holdings, a strategy some market participants have described as an "infinite money glitch."
The cadence of smaller STRC-funded purchases like the one reported today suggests Strategy maintains a steady baseline accumulation rate even between headline-grabbing billion-dollar buys. This pattern is consistent with reports that STRC proceeds have become a regular funding channel for Strategy's Bitcoin treasury.
For context, Bitcoin's broader market has faced mixed signals this week. Bitcoin and Ethereum slipped on geopolitical uncertainty, while altcoin markets have shown divergent behavior, with Dogecoin spot flow data signaling a supply shift and Ripple continuing to burn RLUSD.
If Strategy's 8-K filing next week confirms today's reported purchase, it would reinforce the company's status as the most consistent institutional Bitcoin buyer in the market. Investors watching for official confirmation should monitor Strategy's SEC filings, which typically appear on Monday mornings.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.