Breaking: Michael Saylor’s Strategy Adds 855 BTC Amid Bitcoin’s Crash Below Its Average Buy Price

Boluwatife Adeyemi
1 hour ago
Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.
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an image of Michael Saylor and Strategy's logo

Highlights

  • Strategy bought 855 Bitcoin between January 26 and February 1.
  • This latest purchase comes amid BTC's brief drop below the company's average purchase price of $76,000.
  • The MSTR stock is down 7% in premarket trading today.

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.

Strategy SEC Filing
Source: Strategy SEC Filing

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.

odds of Strategy selling its Bitcoin holdings
Source: Polymarket

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.

MSTR Daily Chart
Source: Yahoo Finance; MSTR Daily Chart
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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