MicroStrategy Nears 100th Bitcoin Purchase After $168M Buy
Strategy (MicroStrategy) adds 2,486 Bitcoin for $168 million in mid-February 2026, marking its eighth consecutive weekly purchase and nearing its 100th total buy.
In mid-February 2026, Strategy (formerly MicroStrategy), led by Michael Saylor, continued its aggressive Bitcoin accumulation with another major purchase.
Purchase Details
The company bought 2,486 Bitcoin for approximately $168.4 million between February 9 and 16. This marked Strategy's eighth consecutive weekly Bitcoin purchase and brought it close to its 100th total purchase since adopting Bitcoin as treasury reserves in 2020. The company paid roughly $67,710 per Bitcoin for this batch—below its overall average cost basis of $76,027 per coin.
Holdings and Funding
Strategy's total Bitcoin holdings reached 717,131 BTC, acquired for $54.52 billion. The purchase was funded through equity: $90.5 million from common stock sales and $78.4 million from preferred stock (STRC) sales. With Bitcoin trading around $68,000 at the time, the company held an unrealized mark-to-market loss of approximately $5.7 billion. The company also carries over $8 billion in total debt.
Market Reaction
MSTR shares fell more than 4% in premarket trading following the announcement, with the stock down more than 60% year-over-year. Despite the market reaction, Strategy has remained committed to its Bitcoin treasury strategy.
