Michael Saylor, the co-founder of Bitcoin (BTC) treasury firm Strategy, signaled that the corporate is buying extra BTC amid the continued market dip, marking week 12 of a consecutive shopping for streak.
Saylor posted the Strategy BTC accumulation chart through the X social media platform on Sunday. The chart has turn out to be synonymous with BTC purchases made by the corporate, which is touting its upcoming 99th BTC transaction.
Strategy’s most recent BTC purchase occurred on Feb.9, when the corporate purchased 1,142 BTC for greater than $90 million, bringing its whole holdings to 714,644 BTC, valued at about $49.3 billion utilizing market costs on the time of publication.
Bitcoin and the broader crypto markets declined sharply following a flash crash in October that prompted the worth of BTC to (*12*) from the all-time high above $125,000 and below Strategy’s $76,000 cost basis, its common value of acquisition per BTC.
The corporate has continued to build up amid the market downturn, defying analyst suggestions that Strategy would dump its Bitcoin holdings or pause accumulation within the occasion of a market-wide downturn.
Associated: Strategy CEO eyes more preferred stock to fund Bitcoin buys
Strategy continues to build up regardless of the collapse of crypto treasury corporations
Even earlier than October’s flash crash prompted a market downturn, the crypto treasury sector was exhibiting indicators of collapse, with many treasury corporations recording sharp declines of their inventory costs and a collapse of mNAV, or a number of on web asset worth, a crucial metric for crypto treasury corporations.
The a number of on web asset worth, or the premium added to an organization’s inventory above its web asset holdings, fell beneath 1 for a number of main crypto treasury corporations by September 2025, Customary Chartered Financial institution warned.
Treasury corporations with an mNAV above 1 have simpler entry to financing and inventory issuance to purchase extra crypto.
Conversely, mNAV values beneath 1 sign potential hassle for these corporations, as market members value the corporate beneath the whole belongings it holds.
Strategy earlier this month reported a Q4 loss of $12.4 billion, sending the corporate’s inventory value tumbling by about 17%. The shares have recovered some of that decline in latest days, closing on Friday at $133.88.
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