New Bitcoin Acquisition by Strategy Amid Declining Market Value
Strategy recently made headlines by adding more Bitcoin to its holdings, which has raised concerns among cryptocurrency analysts due to the timing of the purchase.
Michael Saylor, the driving force behind Strategy’s Bitcoin buying strategy, announced earlier today that his company has made another acquisition of 1,142 Bitcoin at a cost of approximately $90 million. This purchase has increased their total holdings to 714,644 BTC, acquired at an average price of $76,056, summing up to around $54.35 billion. Despite their significant holdings, the value of Bitcoin has recently dipped below $70,000.
“Strategy has acquired 1,142 BTC for ~$90.0 million at ~$78,815 per bitcoin. As of 2/8/2026, we hodl 714,644 BTC acquired for ~$54.35 billion at ~$76,056 per bitcoin. MSTR STRC Link” — Michael Saylor (@saylor) February 9, 2026
The timing of this purchase has drawn skepticism, as indicated by crypto-community members like Satoshi Flipper, who criticized the buying price as irrational given that Bitcoin’s price has not reached these levels in over a week.
“DCA all the way but what’s up with these purchase prices? They are beyond silly.”
— Satoshi Flipper (@SatoshiFlipper) February 9, 2026
Additionally, while Strategy’s stock price surged by over 26% to $135 last week, it has since seen a nearly 4% decline in pre-market trading today. On a broader scope, the stock has dropped by 14% in the past month despite last week’s performance.
