Michael Saylor's Company Buys 40,000 BTC with New Funding Sources in March 2026

AI Summary

Michael Saylor's company, Strategy, purchased nearly 18,000 BTC in the week of March 8 and over 22,000 BTC the following week, totaling approximately 40,000 BTC, marking its largest weekly accumulation since November 2024. Funding transitioned from a reliance on equity sales, which amounted to about $900 million in the first week and $396 million in the following week, to increased utilization of a new financing channel, Stretch (STRC), which provided $377 million and surged to $1.18 billion, shifting STRC's contribution to about 8% of the total funding mix. Bitcoin's price is driven by spot market demand, with mid-$70,000 range seen as critical for further upward movement towards $78,000–$82,000. ETF inflows have increased, indicating renewed institutional interest.