In his latest tweet, MicroStrategy’s Executive Chairman, Michael Saylor, has signaled that the company’s Bitcoin engine is officially back in gear. This messaging comes via a tweet that Saylor put on X with the caption “₿ack to Work.” The tweet included Strategy’s latest Bitcoin reserve tracker chart, showing no new purchases in the prior week but reaffirming the company’s unwavering commitment to accumulation.
Interestingly, the company took a break from buying Bitcoin last week, breaking its 13-week accumulation streak. The company revealed this in its SEC filing covering the week of March 23–29, 2026. This temporary halt occurred during a period of increased market turbulence, fueled by the continuing conflict with Iran. Even with this short pause, Strategy’s Bitcoin holdings still represent the largest treasury of its kind held by a public company
The brief hiatus in buying occurred as the company’s preferred stock (STRC) briefly traded below its $100 par value, temporarily closing the window for capital raising under its “21/21” plan. But as STRC recovered to trade above par this week, MicroStrategy wasted no time.
Bitcoin Accumulation Since the Conflict
In March alone, even as war headlines dominated, the firm added over 16,800 BTC to its stash, funded primarily by a $1.18 billion raise through STRC. This followed a massive mid-March haul in which the company snapped up 22,337 BTC for $1.57 billion. This proved that Saylor viewed wartime volatility not as a risk but as a liquidity event to be exploited. The most recent tracker chart from Saylor indicates 104 purchase events within the specified timeframe, alongside an unrealized position based on current market values.
Following the recent acquisition, the company’s Bitcoin holdings have increased to a substantial 762,099 BTC. The total investment in this tranche translates to roughly $57.7 billion, bought at an average purchase price of around $75,694 per Bitcoin. Interestingly, analysts observed that Bitcoin maintained a surprisingly stable price range of $68,000–$74,000 throughout the conflict, even surpassing the performance of conventional assets such as gold at times.