Michael Saylor’s Technique, beforehand MicroStrategy, made one other weekly Bitcoin buy final week, marking its twelfth consecutive buy. This comes because the MSTR inventory rallies right now, rising alongside Bitcoin, which reached an intraday excessive above $74,000.
Technique Acquires 22,337 BTC For $1.57 Billion
An SEC submitting reveals that the corporate acquired 22,337 BTC for $1.57 billion at a median value of $70,194 per Bitcoin. It now holds 761,068 BTC, which it purchased for $57.61 at a median value of $75,696 per Bitcoin. This marks the corporate’s largest Bitcoin buy this yr, surpassing the 22,305 BTC it purchased in January.
As CoinGape reported yesterday, Saylor had hinted on the Bitcoin buy. He posted Technique’s Bitcoin portfolio tracker with the caption, “Stretch the Orange Dots,” signaling that that they had used the STRC (Stretch) inventory to fund the newest buy.
Stretch the Orange Dots. pic.twitter.com/WMVPUxlIcx
— Michael Saylor (@saylor) March 15, 2026
In the meantime, the MSTR inventory has rallied amid this newest buy. TradingView knowledge present the inventory is buying and selling at round $145, up over 4% from final week’s shut of $140. The inventory climbed to as excessive as $149 in premarket buying and selling right now.
An earlier report famous that MSTR inventory may rally in anticipation of a large Bitcoin purchase by Saylor’s Technique following his put up yesterday. The inventory has additionally rallied alongside Bitcoin, which rose above $74,000 right now regardless of the escalating tensions between the U.S. and Iran.
Wall Avenue analysts stay bullish on the Technique inventory, predicting that it may quickly attain new highs. B. Riley Securities initiated protection with a “purchase” ranking and $175 value goal, citing Technique’s capital construction and long-term BTC accumulation.
