The ongoing correction in the cryptocurrency market has led many analysts to declare it a bear market, yet Strategy, the largest corporate holder of Bitcoin, continues its acquisitions. Recently, it announced a modest purchase of 592 BTC, valued at almost $40 million on average prices of $67,286 each. This brings Strategy’s holdings to about 717,722 BTC, totaling approximately $54.56 billion at an average unit cost of $76,020.

An update from Walter Bloomberg disclosed that Strategy raised funds for this purchase by selling 297,940 Class A shares, accumulating $37.4 billion in securities for future sales, which includes $7.8 billion in MSTR stock and $20.3 billion in STRK stock.

“Strategy has acquired 592 BTC for ~$39.8 million at ~$67,286 per bitcoin. As of 2/22/2026, we hodl 717,722 $BTC acquired for ~$54.56 billion at ~$76,020 per bitcoin.” — Michael Saylor
Translation: Strategy has completed a Bitcoin purchase amid significant market losses.

Despite the recent drop in asset value to $66,200, it indicates that the publicly listed firm is facing an unrealized loss nearing $7 billion.

It’s worth recalling that just a month prior, Strategy had invested over a billion dollars to secure 13,627 BTC, with profits peaking at over $10 billion from its investments at that time. The current trading conditions reveal BTC prices are about 50% off from their historical maximum, which has led to renewed speculation on a continuing bearish trend.