Strategy Continues Buying Bitcoin, Now Holds 717,722 BTC

Strategy has expanded its Bitcoin position once again, acquiring 592 BTC for approximately $39.8 million at an average price of $67,286 per coin, according to an update shared by Executive Chairman Michael Saylor.

As of February 22, 2026, the company now holds a total of 717,722 BTC, accumulated at an aggregate cost of roughly $54.56 billion. The average acquisition price across its full treasury stands near $76,020 per Bitcoin.

Breakdown of the Latest Purchase

The most recent acquisition represents a relatively modest addition compared to Strategy’s historical buys, but it reinforces the firm’s continued accumulation approach during market weakness.

• New BTC acquired: 592
• Capital deployed: ~$39.8 million
• Average purchase price: ~$67,286
• Total BTC held: 717,722
• Total cost basis: ~$54.56 billion
• Average cost basis overall: ~$76,020

At current market levels, Strategy remains one of the largest corporate holders of Bitcoin globally.

Accumulation Below Average Cost

The latest purchase was executed well below the company’s average cost basis of $76,020. This effectively lowers the blended cost of its treasury and aligns with Strategy’s long-standing strategy of buying into drawdowns rather than chasing strength.

With Bitcoin having corrected significantly from its October 2025 all-time high near $126,000, Strategy appears to be continuing its accumulation during a broader risk-off environment.

Bitwise CIO Names 4 Cryptocurrencies as Core 2026 Picks

Market Implications

While 592 BTC is not a market-moving size on its own, the signal effect often carries weight. Strategy’s continued buying during periods of volatility reinforces its conviction in Bitcoin as a long-term treasury reserve asset.

The company now controls over 717,000 BTC, representing a substantial share of circulating supply. As Bitcoin’s supply remains fixed and issuance continues to decline post-halving cycles, sustained corporate accumulation can gradually tighten available liquidity over time.

For now, the move underscores a consistent theme: Strategy is still buying dips, not waiting for momentum confirmation.

The post Strategy Continues Buying Bitcoin, Now Holds 717,722 BTC appeared first on ETHNews.