Home Crypto Currency Michael Saylor’s Strategy buys $90 million in Bitcoin at $78,800

Michael Saylor’s Strategy buys $90 million in Bitcoin at $78,800

by Deidre Salcido
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Strategy, the business intelligence firm that has become the largest corporate holder of Bitcoin, added 1,142 BTC to its reserves over the past week, bringing total holdings to 714,644 BTC valued at roughly $49 billion.

The company disclosed today that it spent $90 million on the latest batch of Bitcoin between February 2 and February 8, acquiring the stash at an average price of $78,815 per coin. Funding came from the sale of MSTR common stock, which generated $89.5 million in net proceeds.

Michael Saylor, founder and executive chairman of Strategy, has spearheaded the firm’s pivot toward treating Bitcoin as its primary treasury reserve. The average cost basis across all holdings now stands at $76,056 per token.

The acquisition follows a purchase earlier this month, when Strategy bought 855 BTC for $75 million. The company maintains approximately $37.6 billion in remaining capacity across its common and preferred stock ATM programs.

Strategy buys $90 million in Bitcoin at $78,800

Strategy’s aggressive accumulation strategy has encountered headwinds in recent months. The firm reported a net loss of $12.4 billion in the fourth quarter of 2025, driven largely by mark-to-market fluctuations.

MSTR edged down in premarket trading on Monday after closing up 26% last Friday, per Yahoo Finance.

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