Strategy Resumes Bitcoin Purchases, Adding 2,486 BTC Below Average Price in Bold 2026 Move
- What’s Behind Strategy’s Latest Bitcoin Purchase?
- How Is Strategy Funding Its Bitcoin Purchases?
- Can Strategy Sustain Its Aggressive Accumulation?
- How Does Strategy Compare to Other Crypto Holdings?
- Frequently Asked Questions
What’s Behind Strategy’s Latest Bitcoin Purchase?
Strategy announced its delayed weekly BTC purchase on February 17, 2026, revealing it had secured funding for a larger-than-expected acquisition. The company added 2,486 BTC to its treasury at an average price of $67,710 – significantly below its cumulative average purchase price of $76,027 per Bitcoin. This marks the largest weekly addition in three weeks, following a 1,142 BTC purchase in the week of February 10.
According to CoinMarketCap data, the purchase coincided with bitcoin trading at $67,324.22, though prices dipped below $66,000 following the announcement. Michael Saylor, Strategy’s executive chairman, confirmed the company now holds 717,131 BTC worth approximately $54.52 billion at acquisition cost.
How Is Strategy Funding Its Bitcoin Purchases?
The company continues leveraging its STRC preferred shares, which carry an 11.25% interest rate, as its primary funding mechanism. Last week’s purchase was enabled by successful STRC sales when prices exceeded $100. However, a banking holiday prevented Strategy from filing its customary 8-K FORM detailing fundraising methods.
“In my experience, Strategy has shown remarkable flexibility in funding its Bitcoin acquisitions,” noted a BTCC market analyst. “They’ve alternated between STRC preferred shares and ordinary MSTR shares depending on market conditions.”
| Metric | Value |
|---|---|
| Latest BTC Purchase | 2,486 BTC |
| Purchase Amount | $168.4 million |
| Average Price | $67,710 |
| Total Holdings | 717,131 BTC |
| Total Investment | $54.52 billion |
| Average Cost Basis | $76,027 |
Can Strategy Sustain Its Aggressive Accumulation?
While Strategy remains the only treasury company maintaining regular Bitcoin purchases, questions linger about its long-term sustainability. The company faces several challenges:
- $5.7 billion unrealized loss on Bitcoin holdings
- 2028 debt maturity
- Dependence on STRC sales above $100
- Potential dilution of MSTR ordinary shares
The recent STRC pullback to $99.80 has temporarily halted new sales. “It’s like waiting for the perfect wave,” quipped one trader. “They need prices to crest that psychological $100 barrier to keep the Bitcoin machine running.”
How Does Strategy Compare to Other Crypto Holdings?
Interestingly, Strategy’s $5.7 billion unrealized loss pales next to BitMine’s $7.9 billion ethereum paper loss following recent price declines. Most corporate treasuries hold sporadic crypto positions, with the smallest current balance at just 125 BTC.
This article does not constitute investment advice. Market data sourced from CoinMarketCap and TradingView.
Frequently Asked Questions
Why did Strategy delay its weekly purchase announcement?
The announcement was delayed by one day due to the U.S. Presidents’ Day holiday on February 16, 2026.
What’s Strategy’s current Bitcoin accumulation rate?
Strategy has maintained weekly purchases averaging about 1,800 BTC over the past month, with the latest 2,486 BTC purchase being the largest in this period.
How does Strategy’s average purchase price compare to current market prices?
As of February 18, 2026, Strategy’s $76,027 average cost basis remains above Bitcoin’s current trading price NEAR $67,000, representing a 13.3% unrealized loss.
