Catenaa, Friday, February 13, 2026- Strategy this week purchased an additional 1,142 BTC for roughly $90 million, raising its total holdings to 714,644 bitcoin worth about $49.2 billion.
The average acquisition price across all purchases stands at $76,056 per bitcoin, leaving the company with around $5.2 billion in paper losses amid the recent market downturn.
The latest purchases, made between February 2 and February 8, were funded through at-the-market sales of Strategy’s Class A stock, MSTR.
Last week, the company sold 616,715 MSTR shares for approximately $89.5 million, leaving nearly $8 billion available for future issuance. Strategy has indicated that bitcoin would need to drop to $8,000 and remain at that level for five to six years to meaningfully threaten its ability to service convertible debt.
Earlier acquisitions include 855 BTC bought for $75 million at an average of $87,974 per bitcoin, bringing total holdings to 713,502 BTC prior to this latest buy. Despite substantial unrealized losses, analysts at TD Cowen and Bernstein have highlighted Strategy’s strong positioning and conservative debt structure, which includes long-dated perpetual preferred equity and no major debt maturities until 2028.
Strategy remains the largest corporate bitcoin treasury, representing more than 3.4% of total bitcoin supply.
Its market capitalization currently sits below the net value of its bitcoin holdings, reflecting broader pressure across the sector as corporate bitcoin adopters face declining share prices.
Last week, Strategy’s stock closed down 3.6% at $134.93, while bitcoin declined 8% over the same period.
