Bitcoin News Today: Strategy Increases Bitcoin Holdings After $168.4 Million Weekly Purchase

Strategy Buys 2,486 Bitcoin for $168.4 Million, Lifts Holdings to 717,131 BTC
Bitcoin News Today: Strategy Increases Bitcoin Holdings After $168.4 Million Weekly Purchase
Written By:
Kelvin Munene
Reviewed By:
Manisha Sharma
Published on

Strategy reported a fresh Bitcoin purchase that lifted its treasury holdings to 717,131 BTC. The company said it bought 2,486 BTC for about $168.4 million between February 9 and February 16, 2026, paying an average of about $67,710 per coin, including fees and expenses.

The update appeared in a Form 8-K dated February 17, 2026, with the US Securities and Exchange Commission. Strategy linked the purchase to its continuing approach of holding Bitcoin as a core treasury reserve asset.

Strategy Adds 2,486 BTC and Expands its Bitcoin Treasury

Strategy said its total Bitcoin position reached 717,131 BTC as of February 16, 2026. The company reported a total acquisition cost of about $54.52 billion. This puts its average cost basis near $76,027 per BTC, including fees and expenses.

At 717,131 coins, the position equals about 3.4% of Bitcoin’s 21 million hard cap. The latest buy also registers as a notable weekly addition in February based on the company’s running purchase disclosures.

Bitcoin traded near $67,562 at the time of writing. The price lies below Strategy’s disclosed average cost basis. Using the spot price and Strategy’s figures, the holdings imply an unrealized loss of about $6.1 billion.

“Strategy has acquired 2,486 BTC for ~$168.4 million,” said Michael Saylor, Executive Chairman, Strategy, in a post on X.

MSTR and STRC Share Sales Financed the Latest Purchase

Strategy said it funded the week’s Bitcoin purchases with proceeds from at-the-market sales of securities. During the February 9 - February 16 window, the company sold 660,000 shares of its Class A common stock (MSTR). The sales generated about $90.5 million in net proceeds after commissions.

Strategy also sold 785,354 shares of its variable-rate perpetual preferred stock (STRC). Those sales produced about $78.4 million in net proceeds, also net of commissions. The filing reported $169.0 million in total notional value for the period, which closely matched the $168.4 million Bitcoin outlay.

Strategy describes STRC as a perpetual preferred stock with a variable dividend rate that adjusts monthly. The company says it pays dividends monthly in cash and targets trading near a $100 par value.

The filing also disclosed remaining capacity under the two ATM programs. Strategy reported about $7.8837 billion available under the MSTR ATM program and about $3.5428 billion available under the STRC ATM program as of February 16.

Capital Structure Links to Strategy’s Bitcoin Accumulation Model

Strategy continues to use equity and preferred stock issuance to expand its Bitcoin holdings. The company lists several securities on the NASDAQ Global Select Market, including MSTR and preferred series such as STRC.

Strategy also directed investors to its website dashboard as a disclosure channel. The company said the dashboard publishes Bitcoin purchase and holdings data, along with market prices for outstanding securities, as part of its Regulation FD communications. 

Also Read: Bitcoin News Today: Strategy Reports $10B Q2 Profit, Plans $4.2B Raise to Expand Bitcoin Holdings

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

Related Stories

No stories found.
logo
Analytics Insight: Latest AI, Crypto, Tech News & Analysis
www.analyticsinsight.net