Michael Saylor's Strategy made modest bitcoin acquisition at start of last week's crypto crash
Analysis
Price Impact
MedMichael saylor's microstrategy continues its aggressive bitcoin acquisition strategy, adding 1,142 btc. while the purchase was made at an average price higher than the current market value and before a recent dip, it reinforces strong institutional conviction and continued demand for bitcoin.
Trustworthiness
HighNews from coindesk detailing microstrategy's official bitcoin acquisition is reliable and factual.
Price Direction
BullishThe consistent accumulation by a major institutional player like microstrategy, even during volatile periods, signals a strong long-term bullish sentiment and continued belief in bitcoin's value proposition, suggesting sustained demand.
Time Effect
LongMicrostrategy's strategy is fundamentally long-term, focused on bitcoin as a primary treasury asset. their acquisitions contribute to long-term price stability and appreciation rather than short-term fluctuations.
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Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Michael Saylor's Strategy made modest bitcoin acquisition at start of last week's crypto crash The company added 1,142 bitcoin purchased for about $90 million, or an average price of $78,815 per coin. By Stephen Alpher Feb 9, 2026, 1:16 p.m. Make us preferred on Google Michael Saylor (Gage Skidmore/CC BY-SA 2.0/Modified by CoinDesk) What to know : Bitcoin treasury company Strategy purchased 1,142 bitcoin for $90 million last week. The company now holds 714,644 bitcoin purchased for $54.35 billion, or an average price of $76,056 each. Shares are lower by nearly 4% premarket as bitcoin retreats a bit from its Friday close near $70,000. Strategy (MSTR) added to its bitcoin BTC $ 70,411.45 holdings, but appears to have made all its purchases before the deep price plunge in the back half of the week. Led by Executive Chairman Michael Saylor, the company added 1,142 bitcoin for $90 million, or an average price of $78,815 each. Strategy's stack now stands at 714,644 bitcoin purchased for $54.35 billion, or an average price of $76,056 each. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . Bitcoin Monday morning is trading at just under $69,000, down 2.6% over the past 24 hours. MSTR shares are lower by 3.9%. Last week's acquisitions were funded by the sale of common stock. Given the average purchase price of $78,815, it appears Strategy made its buys on Monday or Tuesday last week, ahead of the rapid decline in bitcoin's price, which took the crypto to as low as $60,000 at one point on Thursday. Strategy Bitcoin News Michael Saylor In this article BTC BTC $ 70,411.45 ◢ 0.31 %