- MicroStrategy purchased 592 bitcoin for approximately $39.8 million between February 17 and February 22, 2026.
- The acquisition marks the company’s 100th bitcoin purchase announcement since adopting its digital asset treasury strategy in 2020.
- Total holdings have reached 717,722 BTC, though the position remains at a significant unrealized loss with an average cost basis of $76,020.
MicroStrategy (MSTR) has officially reached a century of bitcoin acquisitions, announcing on Monday that it purchased an additional 592 BTC for approximately $39.8 million. According to a Form 8-K filing with the Securities and Exchange Commission, the company acquired the tokens at an average price of $67,286 per bitcoin, inclusive of fees and expenses.
The purchase was entirely funded through the issuance of 297,940 shares of the company’s Class A common stock under its ongoing at-the-market (ATM) offering program. This latest move cements the firm’s status as the largest corporate holder of bitcoin globally, bringing its total treasury to 717,722 BTC. The aggregate investment stands at roughly $54.56 billion, reflecting the firm’s relentless commitment to Michael Saylor’s “Bitcoin Standard.”
Executive Chairman Michael Saylor celebrated the milestone on social media, referring to the event as “The Orange Century.” The purchase comes during a period of relative volatility for the leading cryptocurrency, which has recently traded below the company’s overall average purchase price. Despite an unrealized loss estimated at several billion dollars—given bitcoin’s current market price near $66,000—the company has signaled no intention of slowing down.
“We’re not going to be selling; we’re going to be buying bitcoin,” Saylor recently remarked in a public appearance, addressing concerns regarding liquidity and the company’s leverage. Analysts note that while the dilution of shares remains a point of contention for some investors, the company’s ability to leverage its equity to acquire hard assets remains a unique, albeit polarizing, financial model in the public markets.
The company’s stock, MSTR, saw moderate pre-market volatility following the announcement, as traders weighed the continued equity dilution against the growing bitcoin per share (BPS) metric that management prioritizes. MicroStrategy now holds approximately 3.4% of the total 21 million bitcoin supply cap.
Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.
