Strategy nears its 99th Bitcoin purchase – Saylor ignores $12.4B loss
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.
ambcrypto02/16 09:02