NewsBTC
Mar 24, 2026 upd. 9 Jun

Strategy plans $42B raise to buy 1 million Bitcoin by end-2026

2 min

Strategy buys 1,031 Bitcoin for $76.5M and unveils a $42B raise to speed up its path to 1M BTC by end‑2026. Source Source

The company reported a weekly buy of 1,031 BTC, taking treasury holdings to 762,099 BTC as of March 23. Filing Holdings data

It also approved up to $42B in new capital: $21B of Class A common (MSTR) and $21B of Variable Rate Series A Perpetual Stretch Preferred (STRC). Announcement

At ~$70.5k per BTC, that capacity could buy ~595k BTC. Executed in full, total holdings would exceed 1.35M BTC, or ~6.42% of the fixed 21M supply. Bitcointreasuries.net

CEO Phong Le called the $42B plan a nod to “42 is the Answer to the Ultimate Question of Life, the Universe, and Everything,” noting the 21 + 21 split. Post

BTC rebounded ~3% on Monday, but shows a 7‑day drop of ~4% per CoinGecko. Market data

  • Weekly buy 1,031 BTC for $76.5M Link
  • Current holdings 762,099 BTC, value ~$57.7B, avg price $75,694 Link
  • Capital raise up to $42B via MSTR and STRC programs Link
  • Potential >1.35M BTC held if fully executed, ~6.42% of supply Link

Strategy