Michael Saylor’s Strategy Adds More Bitcoin as BTC Falls Below Its Average Buy Price

Michael Saylor’s Strategy, previously MicroStrategy, has made its sixth consecutive weekly Bitcoin purchase. This latest purchase comes amid the BTC crash, which saw the flagship crypto drop below the company’s average purchase price. Meanwhile, the MSTR stock had dropped to new multi-year lows following the latest Bitcoin crash.

Strategy Acquires 855 BTC For $75.3 Million

An SEC filing shows that the company acquired 855 BTC for $75.3 million at an average price of $87,974 per Bitcoin between January 26 and February 1. It now holds 713,502 BTC, which it acquired for $54.26 billion at an average price of $76,052 per Bitcoin.

The filing also showed that Strategy used net proceeds from the sale of MSTR shares to fund this purchase. It sold 673,527 MSTR shares, generating net proceeds of $106.1 million.

The announcement of this purchase comes just a day after Saylor teased another Bitcoin buy from the company. He posted his usual Sunday X post, which included the company’s BTC portfolio tracker, with the caption “More Orange.”

This Bitcoin purchase is Strategy’s sixth consecutive weekly buy since the end of last year. During this period, Saylor’s company bought 22,305 BTC for $2.13 Billion, marking its largest purchase since July 2025.

Meanwhile, this latest purchase comes amid the recent Bitcoin crash, with the flagship crypto dropping to as low as $75,000 yesterday. Notably, this was the first time since October 2023 that BTC fell below the company’s average buy price for its holdings.

Strategy faced an unrealized loss of $900 million following the Bitcoin crash. However, the flagship crypto has rebounded above $76,000 today, offering some relief. BTC’s drop below Saylor’s company average buy price again raised speculation that they might have to offload some of their holdings. Polymarket data shows only a 29% chance that the company will sell any of its Bitcoin by year-end.

It is worth noting that the MSTR stock is down amid Bitcoin’s recent crash below Strategy’s average buy price. Yahoo Finance data show the crypto stock is trading at around $139, down 7% from last week’s close of $150.