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Saved February 14, 2026
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Michael Saylor's company purchased an additional 2,932 bitcoins for $264 million, bringing its total to 712,647 BTC. Despite this acquisition, the company's stock has fallen significantly, and its market cap is now below the value of its bitcoin assets.
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Michael Saylor's firm, Strategy, recently acquired an additional 2,932 bitcoins for $264 million, raising its total holdings to 712,647 BTC. This move comes after a significant purchase of 22,305 BTC for about $2.1 billion the previous week. Notably, this latest buy marks the largest acquisition since November 2024, when Strategy purchased 55,500 BTC. The average price for the recent purchase was approximately $90,000 per bitcoin, reflecting Saylor's ongoing commitment to Bitcoin despite recent market volatility.
However, Strategy's stock has faced challenges. The company's shares have plummeted by 64% since their summer 2025 highs, with a current market cap-to-net asset value ratio of around 0.83. This indicates that the firm's market value is now less than the worth of its Bitcoin holdings. Saylor previously mentioned that Strategy's financial structure could endure a prolonged downturn in Bitcoin prices, enduring a 90% drop over four to five years. Nonetheless, he acknowledged that such a scenario would still negatively impact shareholders. Last week, Strategy's stock fell by 5.1%, closing at $163.11, while Bitcoin itself saw a 4.4% decline during the same period.
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