The post Analysts Say Strategy Could Buy 30K BTC in a Week appeared on BitcoinEthereumNews.com. Strategy holds 738,731 BTC worth about $50B, funded through stockThe post Analysts Say Strategy Could Buy 30K BTC in a Week appeared on BitcoinEthereumNews.com. Strategy holds 738,731 BTC worth about $50B, funded through stock

Analysts Say Strategy Could Buy 30K BTC in a Week

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  • Strategy holds 738,731 BTC worth about $50B, funded through stock sales and preferred share issuance.
  • Analysts say Strategy could buy 30,000 BTC in a week as STRC financing accelerates purchases.
  • At the current pace, Strategy could surpass Satoshi’s estimated 1.1M BTC holdings by 2027.

Bitcoin treasury company Strategy is drawing renewed attention after analysts suggested the firm could acquire more than 30,000 Bitcoin in a single week as its accumulation strategy continues.

The projection follows a series of large purchases that have increased the company’s holdings, positioning it among the largest known holders of the digital asset. According to recent disclosures, Strategy currently holds 738,731 BTC acquired at a total cost of about $56 billion, reflecting the scale of its long-running corporate Bitcoin acquisition program.

The possibility of another large purchase comes as the company continues to raise capital through equity offerings and preferred stock sales designed to fund additional Bitcoin acquisitions. Market observers say the strategy has accelerated the firm’s accumulation pace, with some analysts describing the current phase as a potential supply shock driven by sustained corporate demand.

Strategy Expands Bitcoin Holdings Through Stock Sales

Strategy’s most recent acquisition was disclosed in an 8-K filing with the U.S. Securities and Exchange Commission. The filing reported that the company purchased 17,994 BTC for approximately $1.277 billion between March 2 and March 8, paying an average price of $70,946 per Bitcoin.

The purchase marked the firm’s 102nd Bitcoin acquisition since it began building its treasury position. Following the transaction, Strategy’s total holdings reached 738,731 BTC, valued at approximately $50 billion at prevailing market prices. 

The company reported that its Bitcoin holdings were acquired at an average price of $75,862 per coin, bringing the total cost basis to roughly $56 billion, including fees and expenses.

During the recent capital raise, Strategy sold 6,327,541 MSTR shares for approximately $899.5 million. The firm also issued 3,776,205 shares of STRC preferred stock, raising an additional $377.1 million. As of March 8, the company said $6.71 billion worth of MSTR shares and $3.16 billion worth of STRC shares remained available for issuance and sale.

Analysts Track Accumulation Pace and Long-Term Projections

Entrepreneur and Bitcoin investor Lark Davis noted that Strategy’s preferred share product, STRC, has become a central funding mechanism for its Bitcoin purchases. According to Davis, the capital generated through the program currently supports acquisitions averaging around 1,940 BTC per day, with peak days reaching roughly 5,700 BTC.

Separate commentary highlighted that Strategy’s holdings now represent more than 3.4% of Bitcoin’s fixed supply of 21 million coins.

The analyst also compared the company’s holdings with those attributed to Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Nakamoto’s estimated holdings are believed to total approximately 1.1 million BTC mined between 2009 and 2010 that have never moved.

Based on the current pace of accumulation, Davis projected that Strategy could potentially surpass those estimated holdings by March 2027.

Related: Michael Saylor Unveils Bitcoin Digital Credit Strategy at Strategy World

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Source: https://coinedition.com/strategys-bitcoin-holdings-approach-740000-as-analysts-point-to-possible-30000-btc-purchase/

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