Strategy has announced the acquisition of 592 Bitcoin, marking its 100th purchase of the cryptocurrency. The purchase was made for approximately $39.8 million amid a market decline.
The company, led by Michael Saylor, continues to invest heavily in Bitcoin despite the current market conditions. This latest acquisition brings Strategy's total Bitcoin holdings to a significant amount, reinforcing its commitment to the cryptocurrency.
Details about the specific reasons for this purchase have not been disclosed, but it aligns with Strategy's ongoing strategy to accumulate Bitcoin.
Key facts
- Strategy acquired 592 BTC for $39.8 million.
- This marks the company's 100th Bitcoin purchase.
- The acquisition occurs amid a market downturn.
- Strategy is led by Michael Saylor.
Sources
- https://bitcoinmagazine.com/news/strategy-makes-100th-bitcoin-purchase
- https://www.coindesk.com/markets/2026/02/23/strategy-logs-100th-bitcoin-purchase-announcement-adding-592-coins-last-week-for-usd39-8-million
- https://www.theblock.co/post/390770/if-its-not-going-to-zero-its-going-to-a-million-michael-saylors-strategy-buys-more-bitcoin
About Leonard Kravets
cryptocurrency journalist and market analyst focused on the intersection of blockchain, culture, and real-world adoption. Known for his clear, data-driven writing style, he covers emerging altcoins, DeFi trends, and the risks behind hype-driven projects. With a strong emphasis on education, transparency, and spotting potential scams before they spread.
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