Strategy nears its 99th Bitcoin purchase – Saylor ignores $12.4B loss

ambcryptoPublished on 2026-02-16Last updated on 2026-02-16

Abstract

Despite a difficult start to the year, MicroStrategy's Executive Chairman Michael Saylor has hinted at the company's 99th Bitcoin purchase, continuing a 12-week buying streak. The company, the largest corporate holder of Bitcoin, recently increased its holdings to 714,644 BTC with a $90 million purchase in February. This accumulation persists even as Bitcoin's price has fallen below the company's average purchase price of $76,000, and the asset posted historic losses in both January and February 2026. Reassuring investors, MicroStrategy stated it could withstand a Bitcoin crash to $8,000 due to its strong balance sheet and staggered debt, despite reporting a massive $12.4 billion loss in Q4 2025 that caused its stock to drop 17%. The company also plans to convert some debt into equity to reduce financial pressure.

Despite a difficult start to the year, Strategy’s Executive Chairman Michael Saylor has teased more Bitcoin [BTC] buys!

A pat on the back like this, even in uncertain market conditions, is proof of belief in BTC’s long-term future.

Strategy set to buy more Bitcoin?

Saylor recently shared the company’s Bitcoin accumulation chart on X, making buzz about another purchase heat up.

The post caption implied that its 99th Bitcoin transaction is all set to take place, which will extend a buying streak that has lasted for 12 straight weeks.

Strategy’s latest purchase came on the 9th of February, when it bought 1,142 Bitcoin for over $90 million. This pushed its total holdings to 714,644 BTC.

Strategy is the largest corporate holder of Bitcoin. BTC has fallen hard from its peak above $125,000, dropping below Strategy’s average purchase price of $76K.

All this buying...

...comes at a time of shaky footing for BTC.

For the first time in its history, Bitcoin posted losses in both January and February of the same year. According to CoinGlass, BTC fell by over 10% in January and another 13% in February 2026.

Since Bitcoin has performed better during these months in recent years, this is concerning.

Reassurance despite losses

Strategy reported a massive $12.4 billion loss in Q4 2025, which sent its stock down by around 17%. Still, the firm moved quickly to calm concerns.

In a recent update on X, the company said it could survive even if Bitcoin falls as low as $8,000.

MSTR’s Bitcoin reserves would apparently still be enough to cover its debt, thanks to its strong balance sheet and staggered debt timelines.

The company has also announced plans to gradually convert some of its debt into equity to reduce pressure.

Final Summary

  • Michael Saylor hints at more Bitcoin buys.
  • Strategy’s holding stands at 714,644 BTC, and it can survive an $8K crash.

Related Questions

QWhat is the significance of MicroStrategy nearing its 99th Bitcoin purchase?

AIt signifies the company's continued and aggressive accumulation strategy, extending a buying streak that has lasted for 12 consecutive weeks, despite market volatility.

QHow much Bitcoin did MicroStrategy purchase on February 9th and what was the cost?

AOn February 9th, MicroStrategy purchased 1,142 Bitcoin for over $90 million.

QWhat was the total Bitcoin holdings of MicroStrategy after its last purchase?

AAfter its last purchase, MicroStrategy's total Bitcoin holdings reached 714,644 BTC, making it the largest corporate holder of Bitcoin.

QDespite reporting a massive loss, what did MicroStrategy reassure investors about?

AMicroStrategy reassured investors that it could survive even if Bitcoin's price falls as low as $8,000, citing its strong balance sheet and staggered debt timelines.

QWhat unusual market event did Bitcoin experience for the first time in its history according to the article?

AFor the first time in its history, Bitcoin posted losses in both January and February of the same year (2026), falling over 10% in January and another 13% in February.

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