Crypto Titan MicroStrategy Defies Slump, Snaps Up 592 More Bitcoin for 100th Buy!

Published 5 hours ago3 minute read
David Isong
David Isong
Crypto Titan MicroStrategy Defies Slump, Snaps Up 592 More Bitcoin for 100th Buy!

Strategy has reached a significant milestone, completing its 100th bitcoin acquisition since adopting the cryptocurrency as its primary reserve asset in 2020. The company recently purchased an additional 592 BTC for approximately $39.8 million, at an average price of $67,286 per coin. This latest acquisition was financed through the sale of 297,940 shares of its Class A common stock, conducted via an at-the-market offering program between February 17–22, which generated $39.7 million in net proceeds. This event was subtly hinted at by Executive Chairman Michael Saylor on X, who posted the company’s bitcoin tracker with the caption “The Orange Century.”

With this purchase, Strategy now holds a staggering 717,722 bitcoin, acquired for an aggregate of $54.56 billion at an average price of $76,020 per bitcoin, solidifying its position as the largest corporate bitcoin treasury in the world. The company continues to maintain substantial financial flexibility, with $37.4 billion in securities available for future issuance under its at-the-market program, including $7.8 billion of MSTR stock and $20.3 billion of STRK stock. In line with regulatory compliance, Strategy provides a public dashboard detailing its bitcoin holdings, purchases, and market prices.

Michael Saylor has consistently defended Strategy’s aggressive bitcoin accumulation strategy, affirming that the company has no intention of selling its holdings, even amidst prolonged market downturns. He has dismissed concerns regarding leverage and liquidity pressures, emphasizing that Strategy possesses ample cash reserves to cover dividends and debt obligations for over two years. Saylor stated, “We’re not going to be selling; we’re going to be buying bitcoin,” expressing an expectation to acquire bitcoin every quarter indefinitely.

The timing of Strategy's recent purchase aligns with a period of renewed weakness in the bitcoin market, where the cryptocurrency saw a dip from around $68,000 over the weekend to near $66,000. This market pressure has directly impacted MSTR shares, which fell by more than 2% to approximately $128 in premarket trading, underscoring the strong correlation between Strategy’s bitcoin exposure and its share price. At the time of writing, bitcoin is trading near $66,000, and shares of Strategy are at $127.90 in pre-market.

Strategy’s commitment to bitcoin acquisition is well-documented. Just last week, the company had purchased $168.4 million in bitcoin, adding 2,486 BTC and bringing its total holdings to 717,131 bitcoin at that time. Furthermore, a January 2026 report by BitcoinTreasuries.net highlighted Strategy’s dominant role in corporate bitcoin accumulation, reporting that the company accounted for over 90% of net new corporate purchases, acquiring 40,150 BTC and ending that month with 712,647 BTC. Its buying activity alone represented 93% of public-company gross purchases and 97.5% of net additions, effectively revitalizing sector-wide accumulation to levels last seen in late summer.

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