Crypto: Saylor’s Strategy Buys $75.3m In BTC As Prices Briefly Dip Below $75k

Latest filings show Strategy bought 855 Bitcoin at about $88,000 each last week, as BTC briefly fell below its average cost for the first time since 2023.

Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, disclosed fresh BTC purchases for the week as the prices briefly dropped below $75,000.

Strategy acquired 855 Bitcoin (BTC) for $75.3 million last week, according to a US Securities and Exchange Commission filing on Monday.

The acquisitions were made at an average price of $87,974 per BTC, with Bitcoin starting the week above $87,700 and reaching $90,000 before briefly plummeting below $75,000 on Sunday, according to CoinGecko.

The purchase brought Strategy’s total Bitcoin holdings to 713,502 BTC, purchased for about $54.26 billion at an average price of $76,052 per coin.

The purchase came as Bitcoin briefly fell below Strategy’s average purchase cost, marking the first time it has traded below the company’s cost basis since late 2023.

Strategy launched the Bitcoin Standard in August 2020. Two years later, Bitcoin traded at a lower price than its average purchase price for the first time. Bitcoin fell below $30,000 in May 2022, while its average purchase price was about $30,600.

The drop forced Strategy to slow its buying, resulting in acquiring just 8,109 BTC in 2022. Bitcoin remained below Strategy’s cost basis until late August 2023, followed by another brief drop, leading to a total of seven purchases of 28,560 BTC during the below-cost period.

The purchased amount accounted for about 22% of Strategy’s total 129,218 BTC holdings by the start of the period.

Despite growing bearishness around Bitcoin prices after the weekend sell-off, Polymarket bettors remain optimistic about Strategy’s accumulation in 2026.

Source: CoinTelegraph