Michael Saylor's Strategy purchased $168 million in bitcoin last week

Michael Saylor's Strategy purchased $168 million in bitcoin last week

Source: CoinDesk

Published:13:20 UTC

BTC Price:$68082

#BTC #HODL #MicroStrategy

Analysis

Price Impact

Med

Microstrategy's consistent purchase of $168 million in bitcoin reinforces institutional confidence and provides a steady demand floor. while this is a positive fundamental, the immediate market reaction might be tempered by broader risk-off sentiment currently affecting crypto and tech stocks.

Trustworthiness

High

The information comes from a reputable news source, detailing public filings by microstrategy, a well-known public company with a transparent bitcoin acquisition strategy. michael saylor's actions are consistently reported and verifiable.

Price Direction

Bullish

Michael saylor's continuous accumulation, even when the average acquisition cost ($76,027) is above the current market price ($68,000), signals strong long-term conviction in bitcoin's value. this ongoing institutional demand acts as a significant long-term bullish signal, creating fundamental support despite short-term market fluctuations.

Time Effect

Long

Microstrategy's strategy is explicitly long-term, viewing bitcoin as a primary treasury reserve asset. these purchases are strategic hodl decisions aimed at long-term value appreciation rather than short-term trading gains.

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Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Michael Saylor's Strategy purchased $168 million in bitcoin last week The company's stack is now 717,131 bitcoin acquired for $54.52 billion, or $76,027 per coin. Bitcoin's current price is $68,000. By Stephen Alpher Feb 17, 2026, 1:20 p.m. Make us preferred on Google Strategy's Michael Saylor (Gage Skidmore/CC BY-SA 2.0/Modified by CoinDesk) What to know : Strategy (MSTR) added 2,486 bitcoin for $168.4 million in the last week. The company's holdings now foot to 717,131 BTC acquired for $54.52 billion, or $76,027 per coin — substantially below the current price of $68,000. Last week's buys were funded via common stock sales and the sale of the STRC preferred series. Strategy (MSTR) continued with its customary bitcoin purchases in the last week, adding 2,486 BTC for $168.4 million. The company's holdings are now 717,131 bitcoin acquired for $54.52 billion, or an average of $76,027 per coin. Bitcoin's current price sits at $68,000, putting the company at a loss of about $8,000 per coin, or a total of about $5.7 billion. 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 . Last week's buys were funded via $90.5 million in common stock sales and $78.4 million in sales of the company's STRC preferred series of stock, according to a Tuesday morning filing . MSTR shares are lower by 3.2% in premarket trading and down more than 60% year-over-year. Strategy Michael Saylor Bitcoin News More For You Crypto slides as tech stocks and gold retreat; bitcoin-Nasdaq correlation turns positive By Oliver Knight , Omkar Godbole 1 hour ago Bitcoin falls to $68,000 as tech-led risk-off move deepens, gold extends correction and memecoins lead altcoin losses amid BTC dominance range. What to know : Bitcoin is down 1.25% to $68,000, tracking weakness in Nasdaq futures and a 2.4% drop in gold as risk sentiment sours. BTC’s correlation with the Nasdaq has swung from -0.68 to +0.72 since Feb. 3, underscoring tighter ties to tech stocks. Memecoins PEPE, DOGE and TRUMP led altcoin losses, while MORPHO and ZEC outperformed over the past week. Read full story Latest Crypto News Banking giant Intesa Sanapolo discloses $100 million bitcoin ETF holdings, along with Strategy hedge 32 minutes ago Bitcoin improvement proposal to block spam draws heat from heavyweights 1 hour ago Crypto slides as tech stocks and gold retreat; bitcoin-Nasdaq correlation turns positive 1 hour ago Bitcoin remains under pressure near $68,000 even as panic ebbs 3 hours ago Popular burger joint Steak ’n Shake says bitcoin adoption boosted sales ‘dramatically’ 4 hours ago UK crypto rules too slow to support global hub ambitions, says Agant CEO 4 hours ago Top Stories BofA survey flags dollar bearish bets at over a decade high. Here's what it means for bitcoin 7 hours ago Harvard cuts bitcoin exposure by 20%, adds new ether position 22 hours ago From Wall Street to Web3: This is crypto’s year of integration, Silicon Valley Bank says 22 hours ago Nexo re-enters the U.S. market three years after exiting due to regulatory issues 22 hours ago Ether steadies after $540 million sell wave to outperform wider crypto market Feb 16, 2026 Metaplanet operating profit to rise 81% in 2026 after soaring 17-fold last year on options writing Feb 16, 2026