New York, March 2, 2026, 11:36 EST — Regular session
- Strategy shares jumped roughly 7.6% following news of another bitcoin buy and new equity sales disclosed by the company.
- Strategy tacked on another 3,015 bitcoin last week, a regulatory filing showed, bumping its total stash to 720,737 tokens.
- Investors are weighing a bump in the dividend rate for the company’s STRC preferred stock, with the payout slated for March 31.
Strategy Inc shares climbed roughly 7.6% to $139.30 on Monday, tracking bitcoin higher as the firm disclosed fresh crypto purchases for another week.
Strategy effectively acts as a listed vehicle for bitcoin exposure, which is why this shift carries weight. Traders usually reach for the stock when they want a more volatile stand-in for the cryptocurrency. Fresh weekly purchase disclosures can quickly scramble existing positions.
It also keeps attention on Strategy’s playbook for financing its acquisitions. The company often heads to the market for fresh capital, a move that supports bigger buys — but stirs up dilution and liquidity concerns if risk appetite fades.
Strategy disclosed in a filing that it picked up 3,015 bitcoin from Feb. 23 to March 1, paying $204.1 million, or about $67,700 each. That bumps its total stash to 720,737 bitcoin. The same document also revealed Strategy offloaded 1,730,563 shares of Class A common stock and 71,590 STRC preferred shares via at-the-market offerings, funneling the cash from those sales straight into the bitcoin purchases.
Strategy bumped up the annual dividend on its variable-rate STRC preferred shares, moving it to 11.50% from 11.25%. The company also announced cash dividends for all its preferred stock series, set to be paid out March 31 to shareholders registered as of March 15, according to Investing.com. Strategy noted it expects those preferred dividends will count as a non-taxable return of capital for U.S. federal tax purposes, up to the shareholder’s tax basis. In other words, payments are treated as giving back part of the invested principal, rather than being ordinary income, until that threshold is reached.
Bitcoin climbed roughly 3.4% to $69,309, rebounding from a session low of $65,142. That swing highlights why shares of Strategy can jump or drop sharply, even when there’s no fresh software news.
Strategy keeps a live record of its buys and holdings right on its website, treating it as a disclosure outlet in addition to standard filings.
Executive chairman Michael Saylor dropped a hint about a new purchase over the weekend, posting a chart of previous buys on social media with the caption “The Turn of the Century,” according to Barron’s.
The trade has its downside, too. Leaning on equity issuance puts existing shareholders at risk of dilution, while another bitcoin downturn could swiftly hit the stock and make it tougher for the company to secure new funding on good terms.
Investors are eyeing bitcoin’s direction and keeping tabs on Strategy’s weekly purchase disclosures to see if accumulation stays steady through March. The March 15 record date and the March 31 payment date for the preferred dividends are also in focus.
