#StrategyBuys1,142BTC

#StrategyBuys1,142BTC
On February 9, 2026, Michael Saylor announced that Strategy (formerly MicroStrategy) bought 1,142 Bitcoin for about $90 million. The average price was around $78,815 per BTC.
This purchase increased Strategy’s total holdings to 714,644 BTC. Over the years, they have spent about $54.35 billion buying Bitcoin, with an overall average price of $76,056 per BTC.
The money for this latest buy came from selling company shares raising around $89.5 million, which was almost fully used to buy more Bitcoin.
Why This Is Important
• Even though Bitcoin recently dropped to around $69,000, which is below their buying price, Strategy is still buying.
• This means they are currently sitting on large paper (unrealized) losses, but they are not worried.
• Michael Saylor’s strategy is simple: Buy Bitcoin and never sell.
Market Situation
Bitcoin recently corrected from the $78K–$80K range and fell to around $60K–$69K due to market pressure and liquidations. Strategy bought near the higher range, so this batch is temporarily at a loss.
However, Strategy now owns over 3.4% of the total Bitcoin supply, making them the largest corporate Bitcoin holder in the world.
What Does This Mean for BTC?
Short-term:
This news supports market confidence but won’t instantly push prices higher because $90M is small compared to daily trading volume.
Long-term:
It is bullish. Continuous buying reduces supply and shows strong institutional belief in Bitcoin’s future.