Strategy’s Bitcoin Century: 100 Buys, 717,722 BTC, and a Long-Term Bet on Digital Gold

February 2026 sees Strategy (formerly MicroStrategy) celebrate its 100th buy and keep up its unrelenting Bitcoin accumulation. The corporation added 592 BTC between February 17 and 22, 2026, for around USD 39.8 million at an average cost of USD 67,286 per BTC. This followed past February tranches of 2,486 BTC purchased between February 9–16 for USD 168.4 million at an average of USD 67,710 and 1,142 BTC on February 9 for around USD 90 million at an average of USD 78,815.

These most recent buys occur against a backdrop of extreme Bitcoin volatility, where pricing is moving in a broad range between USD 60,000 and 95,000. Mostly through at-the-market stock sales, the strategy has been financing its acquisitions, therefore transforming equity capital into Bitcoin on its ledger. Treating price pullbacks as chances rather than impediments, the company keeps leaning into market drops.

Overall, Strategy owns 717,722 BTC bought for around USD 54.56 billion at an average price of USD 76,020 per BTC. Though at a recent Bitcoin price close to USD 68,000, the corporation is sitting on significant on-paper but unrealised losses, it is still devoted to its theory of Bitcoin as a long-term treasury reserve asset. With control over around 3.4% of the whole Bitcoin supply, Strategy has established itself as one of the major institutional holders of the asset and a critical signal for business Bitcoin adoption.

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