Strategy bought 22,337 BTC in the week ending March 15, funded partly by approximately $1.18 billion raised through sales of its preferred stock, STRC. That single week of purchases equals roughly seven weeks of global Bitcoin mining output, based on the current post-halving rate of 450 BTC per day.
The week prior, between March 2 and March 8, the firm acquired another 17,994 BTC for $1.28 billion, including around $377 million raised through STRC — equivalent to five to six weeks of newly mined supply.
At peak sessions, the demand was even more concentrated. On March 12 alone, STRC-related activity reportedly supported purchases of more than 4,000 BTC, according to the report — nearly nine days’ worth of average new mining output in a single day.
Corporate buying outpacing the halving effect
Broader post-halving data shows corporate treasuries absorbing Bitcoin at roughly 2.8 times the rate of new mining supply over multiple weeks. Strategy alone bought approximately 1.8 times the BTC mined during shorter measurement windows.
Bitcoin’s four-year halving cycle has long been treated as the market’s primary supply shock. Every four years, new issuance is cut in half, reducing miner selling pressure and historically triggering a bull run followed by a cycle top and bear market.
Analyst Benjamin Cowen has noted that if the four-year pattern holds, 2026 could shape up as a bear-market year. But STRC-funded buying may be rewriting that script.
More Read
Trader Grain of Salt argues that if one company consistently buys more Bitcoin than miners create, halvings “no longer matter” as the market’s dominant supply shock. The next halving is not until 2028.
$400,000 price target and trendline support
Bitcoin retested its six-year ascending trendline support on the monthly chart in March. That same support level previously marked cycle bottoms in 2018, 2020, and 2022.
Analyst Vivek Sen argues the latest retest may be setting up another major rebound. Trader Rob Grittins adds that a “meaningfully different demand structure” — led by STRC share sales — could trigger a new bull run from that trendline.
The last rally from the same support level produced a roughly 450% gain in BTC price. Applied to current levels, a comparable move would put Bitcoin above $400,000, a figure that aligns with targets from multiple analysts.
Strategy’s Bitcoin holdings are up 13.2% quarter-to-date in Q1 2026, placing the firm on pace for its fastest quarterly accumulation since Q4 2024 — this despite bearish conditions across risk-on markets.
Disclaimer: The information provided in this article is for educational and informational purposes only and does not constitute financial or investment advice.
Photo by Tugay Kocatürk on Pexels
This article is a curated summary based on third-party sources. Source: Read the original article
