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Billionaire Michael Saylor’s Strategy Buys $75M of More Bitcoin – Bullish Signal?


by Tanzeel Akhtar
for Cryptonews
Billionaire Michael Saylor’s Strategy Buys $75M of More Bitcoin – Bullish Signal?

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Michael Saylor’s Strategy has expanded its already massive bitcoin treasury, acquiring an additional 855 BTC for approximately $75.3 million, at an average purchase price of roughly $87,974 per bitcoin.

The purchase, disclosed in a company update dated February 2, 2026, underscores Strategy’s continued commitment to bitcoin accumulation even amid heightened volatility across crypto markets.

The latest acquisition brings Strategy’s total bitcoin holdings to 713,502 BTC as of February 1, 2026, positioning the firm as the largest corporate holder of bitcoin globally.

Total Bitcoin Holdings Now Exceed $54 Billion Cost Basis

According to the filing, Strategy has acquired its bitcoin stack at an aggregate cost of approximately $54.26 billion, with an average purchase price of about $76,052 per bitcoin, inclusive of fees and expenses.

With bitcoin trading around the mid-$70,000 range in recent sessions, the disclosure highlights how closely the company’s cost basis now aligns with current market levels, following the sharp selloff seen over the weekend.

Strategy’s aggressive treasury strategy has long been viewed as both a high-conviction bet on bitcoin as a long-term store of value and a leveraged proxy for institutional bitcoin exposure.

Funded Through At-the-Market Share Sales

The company noted that the bitcoin purchases were funded through proceeds from the sale of shares under its at-the-market (ATM) offering program.

During the period from January 26, 2026 to February 1, 2026, Strategy sold 673,527 shares of its Class A common stock, generating net proceeds of approximately $106.1 million.

The ATM program remains a key mechanism through which Strategy continues to raise capital for additional bitcoin accumulation, while maintaining flexibility in execution.

Institutional Signal Amid Market Capitulation

The acquisition comes at a time when crypto markets have faced broad capitulation driven by leverage washouts, with both bitcoin and ether experiencing steep weekly declines.

Despite the turbulence, Strategy has remained consistent in its approach: buying bitcoin through both rallies and drawdowns, reinforcing its long-term thesis that bitcoin will play an increasingly central role in global financial infrastructure.

As of early February 2026, Strategy’s bitcoin position represents one of the most significant institutional treasury allocations in the digital asset space, with holdings acquired at an average price well below the latest purchase level.

Epstein-Related DOJ Document Release Mentions Saylor Donation

A tranche of Epstein-related documents released by the U.S. Department of Justice on January 31 includes a 2010 email referencing Michael Saylor in connection with a high-profile charitable event and elite social invitations.

The email, dated May 8, 2010, was sent by Peggy Siegal, a Hollywood publicist known for organizing celebrity and philanthropic gatherings. It discusses arrangements surrounding the Robin Hood Foundation’s annual gala and Cannes-related social events.

In the message, Siegal wrote that Saylor donated $25,000 toward a charity initiative and, in return, gained an opportunity to attend and potentially meet members of an exclusive social circle.

The post Billionaire Michael Saylor’s Strategy Buys $75M of More Bitcoin – Bullish Signal? appeared first on Cryptonews.

Read the article at Cryptonews

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In This News

Coins

$ 77.99K

+0.41%

$ 0.00...884

$ 0.0317

$ 0.00271


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Read More

Michael Saylor’s Strategy Buys Again as Bitcoin Stands Above $77K—But What’s the Endgame?

Michael Saylor’s Strategy Buys Again as Bitcoin Stands Above $77K—But What’s the Endgame?

On Monday, Strategy boss Michael Saylor revealed that his bitcoin treasury firm, Stra...
Saylor’s Strategy Buys More Bitcoin Despite Shrinking Paper Gains

Saylor’s Strategy Buys More Bitcoin Despite Shrinking Paper Gains

Saylor hinted about the purchase in a Sunday tweet.

Billionaire Michael Saylor’s Strategy Buys $75M of More Bitcoin – Bullish Signal?


by Tanzeel Akhtar
for Cryptonews
Billionaire Michael Saylor’s Strategy Buys $75M of More Bitcoin – Bullish Signal?

Share:

Michael Saylor’s Strategy has expanded its already massive bitcoin treasury, acquiring an additional 855 BTC for approximately $75.3 million, at an average purchase price of roughly $87,974 per bitcoin.

The purchase, disclosed in a company update dated February 2, 2026, underscores Strategy’s continued commitment to bitcoin accumulation even amid heightened volatility across crypto markets.

The latest acquisition brings Strategy’s total bitcoin holdings to 713,502 BTC as of February 1, 2026, positioning the firm as the largest corporate holder of bitcoin globally.

Total Bitcoin Holdings Now Exceed $54 Billion Cost Basis

According to the filing, Strategy has acquired its bitcoin stack at an aggregate cost of approximately $54.26 billion, with an average purchase price of about $76,052 per bitcoin, inclusive of fees and expenses.

With bitcoin trading around the mid-$70,000 range in recent sessions, the disclosure highlights how closely the company’s cost basis now aligns with current market levels, following the sharp selloff seen over the weekend.

Strategy’s aggressive treasury strategy has long been viewed as both a high-conviction bet on bitcoin as a long-term store of value and a leveraged proxy for institutional bitcoin exposure.

Funded Through At-the-Market Share Sales

The company noted that the bitcoin purchases were funded through proceeds from the sale of shares under its at-the-market (ATM) offering program.

During the period from January 26, 2026 to February 1, 2026, Strategy sold 673,527 shares of its Class A common stock, generating net proceeds of approximately $106.1 million.

The ATM program remains a key mechanism through which Strategy continues to raise capital for additional bitcoin accumulation, while maintaining flexibility in execution.

Institutional Signal Amid Market Capitulation

The acquisition comes at a time when crypto markets have faced broad capitulation driven by leverage washouts, with both bitcoin and ether experiencing steep weekly declines.

Despite the turbulence, Strategy has remained consistent in its approach: buying bitcoin through both rallies and drawdowns, reinforcing its long-term thesis that bitcoin will play an increasingly central role in global financial infrastructure.

As of early February 2026, Strategy’s bitcoin position represents one of the most significant institutional treasury allocations in the digital asset space, with holdings acquired at an average price well below the latest purchase level.

Epstein-Related DOJ Document Release Mentions Saylor Donation

A tranche of Epstein-related documents released by the U.S. Department of Justice on January 31 includes a 2010 email referencing Michael Saylor in connection with a high-profile charitable event and elite social invitations.

The email, dated May 8, 2010, was sent by Peggy Siegal, a Hollywood publicist known for organizing celebrity and philanthropic gatherings. It discusses arrangements surrounding the Robin Hood Foundation’s annual gala and Cannes-related social events.

In the message, Siegal wrote that Saylor donated $25,000 toward a charity initiative and, in return, gained an opportunity to attend and potentially meet members of an exclusive social circle.

The post Billionaire Michael Saylor’s Strategy Buys $75M of More Bitcoin – Bullish Signal? appeared first on Cryptonews.

Read the article at Cryptonews

In This News

Coins

$ 77.99K

+0.41%

$ 0.00...884

$ 0.0317

$ 0.00271


Share:

In This News

Coins

$ 77.99K

+0.41%

$ 0.00...884

$ 0.0317

$ 0.00271


Share:

Read More

Michael Saylor’s Strategy Buys Again as Bitcoin Stands Above $77K—But What’s the Endgame?

Michael Saylor’s Strategy Buys Again as Bitcoin Stands Above $77K—But What’s the Endgame?

On Monday, Strategy boss Michael Saylor revealed that his bitcoin treasury firm, Stra...
Saylor’s Strategy Buys More Bitcoin Despite Shrinking Paper Gains

Saylor’s Strategy Buys More Bitcoin Despite Shrinking Paper Gains

Saylor hinted about the purchase in a Sunday tweet.