Strategy Expands Bitcoin Holdings with Recent Acquisition

On Tuesday, Michael Saylor, the founder of Strategy, announced the company s recent purchase of 2,486 BTC, bringing its total holdings to an impressive 717,131 BTC. This acquisition was made for 168.4 million, at an average price of 67,710 per bitcoin.
Strategy has acquired 2,486 BTC for 168.4 million at 67,710 per bitcoin
Saylor stated on X. He further added,
As of 2 16 2026, we hodl 717,131 BTC acquired for 54.52 billion at 76,027 per bitcoin
Interestingly, this purchase was made at a price almost identical to the current spot market rate, unlike previous acquisitions that often came at a premium. This move follows Saylor s announcement about the company s plan to convert its bond debt into equity. He explained,
Our plan is to equitize our convertible debt over the next 3 6 years
With this latest addition to its bitcoin reserves, Strategy reinforces its commitment to a bitcoin-centric strategy while also restructuring its balance sheet. The company asserts that it can withstand a potential drop in bitcoin prices to 8,000 without compromising its debt obligations.