Michael Saylor’s Strategy Scoops Up BTC Below $90,100
What Did Strategy purchase and at What Price?
Michael Saylor’s Strategy disclosed another round of BTC purchases as prices retreated during a wider market trade-off. According to a filing with the US Securities and platform Commission, the company acquired 2,932 BTC last week for about $264.1 million.
The purchases were made at an average price of $90,061 per coin. BTC began the week trading above $93,000 before briefly sliding below $87,000, based on market data cited alongside the filing. The timing places the acquisition squarely within a period of short-term fragileness rather than near recent highs.
Following the transaction, rose to 712,647 BTC. The company has now spent roughly $54.19 billion building that position, with an average acquisition cost of $76,037 per coin.
Investor Takeaway
Why January purchaseing Stands Out
Although the latest purchase was smaller than earlier January transactions, it adds to what has already been an unusually active month. Strategy previously disclosed purchases of 22,305 BTC and 13,627 BTC earlier in January, accounting for the bulk of its recent accumulation.
In total, the company has acquired about 40,100 BTC so far this month. That figure exceeds the combined purchases made between August and December 2025, marking a clear increase in purchaseing pace compared with the previous five months.
The pattern suggests a shift toward more frequent additions rather than concentrating exposure in single large transactions. The latest filing reinforces that approach, with capital deployed during periods of market softness rather than during rallies.
How the Purchase Was Funded
The SEC filing shows that the most recent was largely financed through equity sales. Strategy sold roughly 1.7 million shares of its Common A stock (MSTR) last week, raising about $257 million in proceeds.
In addition, the company sold 70,201 shares of its Series A Perpetual Stretch Preferred Stock (STRC), generating a further $7 million. Together, those sales closely match the cash outlay required for the BTC purchase.
This funding method remains consistent with Strategy’s broader playbook, which relies on to support ongoing BTC accumulation rather than operating cash flow.
Investor Takeaway
What the Market Reaction Suggests
At the time of the disclosure, Strategy’s shares were trading around $163, down about 12% from a January high near $185. The decline mirrors broader volatility in crypto-linked equities as BTC pulled back more than 6% from recent peaks.
While Saylor had previously said in 2024 that the company would keep purchaseing BTC even at elevated prices, recent activity points to a more measured approach. Larger purchases have given way to smaller additions during periods of fragileness, reducing the risk of purchaseing into short-term tops.
