Strategy announces $40M BTC purchase in latest leg of accumulation streak
The post Strategy announces $40M BTC purchase in latest leg of accumulation streak appeared on BitcoinEthereumNews.com.
Strategy extended its buying streak this week, though with only 592 BTC. The latest filing also showed that Strategy again relied on MSTR for its weekly purchase. Strategy acquired another 592 BTC, at an average price of $67,286. The company did not break its weekly streak, but rather proceeded with a smaller acquisition. The treasury company remains underwater on a significant part of its holdings, but remains defiant against the headwinds. The latest purchases of Strategy lowered the average BTC acquisition price to $76,020. Strategy has acquired 592 BTC for ~$39.8 million at ~$67,286 per bitcoin. As of 2/22/2026, we hodl 717,722 $BTC acquired for ~$54.56 billion at ~$76,020 per bitcoin. $MSTR $STRChttps://t.co/6XmsDaiO5f — Strategy (@Strategy) February 23, 2026 For Strategy, 2026 started off slower compared to the peak accumulation in 2025. The company faces another bear market, along with a debt burden and common stock dilution. Strategy uses MSTR again Strategy used MSTR for its latest fundraise, selling 297,940 shares for $39.7M. Strategy retains $7.8B in available liquidity through common stock, and over $20B in STRK shares. However, issuing preferred shares or dividend shares is an extra weight on Strategy. The company has barely used its STRK facility, and other higher-priority preferred shares have not been issued recently. In the past week, Strategy had potential proceeds from STRC sufficient for 1,158 BTC, but the company returned to MSTR issuance. MSTR held to $131.05, bouncing off the year’s lows at $106. Short open interest is at 10.3% of the MSTR float, but there has not been a short squeeze or failures to deliver in the new year. MSTR has established a support price above $100, despite the recent BTC dip under $65,000. MSTR held at $131.05, still logging heavy losses in 2026, as Strategy was affected by some of the…
Filed under: News - @ February 23, 2026 2:22 pm