Strategy Gobbles Up 94% of Corporate Bitcoin While MSTR Stock Stages Its Own Dramatic Dump

Picture this: Strategy (yes, the company formerly known as MicroStrategy) casually bought 44,377 Bitcoin in March, which just happens to be roughly 94% of every public company's monthly BTC shopping spree combined. Meanwhile, its stock decided to go full degen and extend a losing streak to nine consecutive months—a real "we're bullish on Bitcoin but Wall Street is having none of it" kind of situation.

Let's talk about the numbers, because numbers don't lie and they don't do Zoomer therapy either. Total public company purchases hit over 47,000 BTC in March, but nine firms decided to cash out, leaving net additions at a measly 25,000 BTC. Strategy funded its spending spree by dumping $1.18 billion in STRC ATM sales and $396 million in MSTR ATM sales into the Bitcoin furnace. One particularly aggressive week saw 22,305 BTC disappear into Strategy's wallet—because apparently, when you're this deep, there's no such thing as too much.

As of now, Strategy is sitting on a throne of 762,099 BTC, averaging $75,699 per coin. That's roughly $52.36 billion in Bitcoin at current prices of $68,698. Not too shabby, right? Well, the stock might disagree. Very loudly. With charts.

MSTR has somehow managed to post negative returns for nine straight months. The 2025 year-to-date return sits at a beautiful negative 47.53%, and 2026 figures are showing roughly negative 19.27%. The stock has plummeted roughly 60% from its November 2024 all-time high of $473.83, recently loitering near $124.83. For those keeping score at home, MSTR returned 358.54% in 2024 and 346.15% in 2023 when Bitcoin was absolutely ragging—because apparently, past gains are just future leverage for future