Saylor suggests buying more Bitcoin with new strategy
February 16, 2026
During a recent update, Michael Saylor hinted that Strategy would engage in another bitcoin purchase, revealing the firm’s BTC accumulation chart. This announcement marks the potential for a 12th consecutive week of purchases for the company.
Following its most recent buy, Strategy acquired 1,142 BTC for over $90 million. This transaction increased their total holdings to an impressive 714,644 BTC. At the time of publication, these holdings were valued at approximately $49.3 billion.
This decision to purchase more bitcoin comes on the heels of a significant market downturn that saw bitcoin drop by over 50% from its peak above $125,000. Crypto treasury companies are currently facing pressure related to their net asset value (NAV), with the sector experiencing challenges even before the recent crash.
Strategy’s latest acquisition marked its 99th bitcoin transaction, showcasing a consistent and strategic approach to accumulating the digital asset. Saylor’s transparency in sharing the firm’s accumulation chart has become a notable indicator for their purchase activities.
Despite the market turbulence, Strategy has remained steadfast in its purchasing behavior. In a move that demonstrated their confidence in the asset, the firm continued to acquire bitcoin even after a flash crash in October that led to a significant drawdown in bitcoin’s value.
The data suggests that bitcoin’s price fell below Strategy’s reported average cost basis of $76,000, indicating a challenging period for the company. This broader drawdown in BTC’s value can be visualized through Bitbo’s price drawdown from the all-time high chart.
The recent developments in the crypto treasury sector have raised concerns about the viability of these companies, with many seeing their NAV multiples dropping below 1. This trend has made it harder for firms to secure financing and issue stock, posing additional challenges for Strategy and its peers.
Despite these obstacles, Saylor has maintained a bullish stance on bitcoin, continuing to accumulate the digital asset in the face of speculation that Strategy might pause its buying activities during market downturns. The firm’s resilience amidst market fluctuations demonstrates its unwavering commitment to bitcoin as a long-term investment strategy.