Tag: MicroStrategy

The company’s total holdings were bought for over $54.5 billion – the current valuation is a lot less.

The ongoing cryptocurrency market correction, which many analysts have decisively called a full-on bear market, has not deterred the world’s largest corporate holder of bitcoin.

Michael Saylor’s BTC-focused brainchild just announced its latest acquisition, which was relatively modest given the company’s history of billion-dollar purchases in the past.

Strategy spent just under $40 million to acquire 592 BTC at an average price of $67,286 per unit. This puts its entire cryptocurrency portfolio at a whopping 717,722 BTC, purchased for approximately $54.56 billion at an average price of $76,020.

An update shared by Walter Bloomberg informed that Strategy sold 297,940 Class A shares via its at-the-market program in the past week to raise the funds for the BTC purchase. As of yesterday, the firm had $37.4 billion in securities available for future ATM sales, including $7.8 billion in MSTR stock and $20.3 billion in STRK stock.

Strategy has acquired 592 BTC for ~$39.8 million at ~$67,286 per bitcoin. As of 2/22/2026, we hodl 717,722 $BTC acquired for ~$54.56 billion at ~$76,020 per bitcoin. $MSTR $STRC https://t.co/jSQroB4LnE

— Michael Saylor (@saylor) February 23, 2026

Given the asset’s most recent crash to $66,200 as of press time, this means that the Wall Street-listed firm now sits on a growing unrealized loss of around $7 billion.

Recall that Strategy’s behavior was very different just over a month ago, when it splashed more than a billion dollars to accumulate 13,627 BTC. At the time, its portfolio was well in the green, with an unrealized profit of over $10 billion.

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The landscape has changed substantially since then, with BTC currently trading around 50% away from its all-time high, which led to speculation that the bear market is raging on.

BTC’s volatility comes with the territory, said Saylor.

The cryptocurrency markets tumbled hard on Friday once again, with BTC leading the losses with a nosedive to under $94,000, which became a six-month low.

Amid the overall uncertainty and market panic, reports emerged at one point claiming that the ultimate bitcoin bull – Michael Saylor – and his company had begun to sell off significant portions of their massive holdings.

No Such Thing, Says Saylor

Although the actual claims that Strategy had been selling came from some rather small accounts (at first) with little credibility, they were quickly picked up and reshared by more established people within the community, some with more than 500,000 followers on X. Consequently, panic spread rapidly among some community members, but most seemed unfazed as they refused to believe that Strategy will indeed sell.

Saylor, the company’s bitcoin champion and co-founder, refuted the rumors on X and during an interview with CNBC. In fact, he doubled down on the asset, as he has done multiple times in the past during other such intense corrections, and noted that Strategy used the dip opportunity to accumulate more every day this week.

We bought bitcoin every day this week.

— Michael Saylor (@saylor) November 14, 2025

During the aforementioned CNBC interview, he explained that such volatility is expected in risk-on assets like BTC. He advised people who want to have bitcoin exposure to prepare for similar events, but to focus on a broader (4-year) scale in which the cryptocurrency outperforms every asset class.

Additionally, he said Strategy doesn’t have any trigger points in which it would be under pressure to dispose of its BTC holdings, and even an 80% drop would not harm it.

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Before a new announcement comes on Monday about a Strategy purchase, the company’s known holdings following the last one stood at 641,692 BTC. Even with BTC’s correction, this stash is worth almost $62 billion.

Arkham Explains

Some reports claimed that Arkham Intelligence had insisted that Strategy indeed sold off, but the company also refuted these speculations and explained what actually took place. It outlined Strategy’s transfer of 43,415 BTC to more than 100 different addresses from Coinbase Custody to a new custodian.

“This does not mean that Strategy has sold their BTC, nor do transfers from Arkham’s Strategy entity automatically imply the sale of those assets,” its post reads.

The team reassured that Strategy “regularly undergoes wallet/custodian rotations,” and that most of the movements were reported Friday morning as a “continuation of those transfers.”