Michael Saylor’s Strategy buys $90 million in Bitcoin at $78,800
Crypto Briefing
Strategy purchased 1,142 Bitcoin for $90 million at an average price of $78,815 per coin.Summary
Strategy, the largest corporate holder of Bitcoin led by Michael Saylor, acquired an additional 1,142 BTC for approximately $90 million between February 2 and February 8, 2026, at an average price of $78,815 per coin. This purchase brought the firm's total holdings to 714,644 BTC, with an overall average cost basis of $76,056 per bitcoin. The acquisition was funded through the sale of 616,715 shares of Class A common stock, yielding $89.5 million in net proceeds. Despite this aggressive accumulation strategy, Strategy has faced financial challenges, reporting a $12.4 billion net loss in Q4 2025 due to market fluctuations, and its stock has declined significantly from its peak.
(Source：Crypto Briefing)