Amid Price Lull, Strategy Expands Bitcoin War Chest to 717,722 BTC

In a move that leaves little doubt about its devotion to bitcoin (BTC) as a core holding, Strategy—formerly known as Microstrategy—picked up another 592 BTC at an average price of about $67,286 per coin, shelling out roughly $39.8 million. The latest acquisition, revealed Feb. 23, 2026, by Executive Chairman Michael Saylor, pushes the company’s total cache to 717,722 BTC.

Built through years of steady accumulation, those holdings were scooped up for a combined $54.56 billion, translating to an average cost near $76,020 per bitcoin. The buy fits neatly into Strategy’s long-range plan of using bitcoin to amplify shareholder value, even when crypto prices refuse to sit still. As the world’s largest corporate holder of bitcoin, Strategy keeps financing its purchases through tools such as at-the-market (ATM) equity offerings, signaling conviction in bitcoin’s trajectory despite recent price action hovering below $67,000.

With this addition logged as of Feb. 22, 2026, the firm tightens its grip, with its trove now carrying a hefty valuation at prevailing market prices. Saylor’s announcement comes as bitcoin has suffered yet another drawdown as the crypto market ingests Trump’s latest tariff schemes. Bitcoin shuddered to a low of $64,258 over the last day, highlighting the fact that bears have not left the scene and they still have energy. At current prices of around $66,200 per unit, every one of Strategy’s coins is under by $9,820.

FAQ

• How much bitcoin did Strategy buy in Feb. 2026? Strategy acquired 592 BTC for roughly $39.8 million at an average price of about $67,286 per coin.
• How much bitcoin does Strategy hold today? As of Feb. 22, 2026, Strategy holds 717,722 BTC, the largest stash among publicly traded companies.
• What is Strategy’s average cost basis and current unrealized position? The firm’s average purchase price is about $76,020 per bitcoin, leaving each coin roughly $9,820 below cost at current prices near $66,200.
• How does Strategy fund its bitcoin purchases during market drawdowns? Strategy uses tools such as at-the-market (ATM) equity offerings to finance acquisitions, even as bitcoin dipped to $64,258 amid tariff-driven market pressure.