Last week, Strategy acquired 2,486 BTC for $168.4 million, with an average purchase price of $67,710.

Strategy has acquired 2,486 BTC for ~$168.4 million at ~$67,710 per bitcoin. As of 2/16/2026, we hodl 717,131 $BTC acquired for ~$54.52 billion at ~$76,027 per bitcoin. $MSTR $STRC https://t.co/wvxRYZlQ3Y

— Michael Saylor (@saylor) February 17, 2026

The corporation began its strategy of accumulating the leading cryptocurrency in August 2020. Following the recent purchases, Strategy's Bitcoin reserve has reached 717,131 BTC, costing the firm approximately $54.5 billion — about $76,027 per coin.

At the time of writing, Bitcoin is trading around ~$67,000. 

Since the beginning of the year, the asset has lost nearly 23% of its value. February may mark the fifth consecutive month that the cryptocurrency ends in decline (CoinGlass).

According to Strategy's statement, the latest Bitcoin purchases were financed through the sale of common stock MSTR worth $95.5 million and preferred shares series STRC worth $78.4 million.

After the trading session opened on Tuesday, MSTR shares fell by 3.5%. Over the past 12 months, Strategy's stock price has dropped by more than 60%.

The company's market capitalization is approximately $42.88 billion, while the value of its Bitcoin fund is around $48.05 billion. The key metric for evaluating crypto treasury companies, mNAV, has fallen below 1 for Strategy.

In February, the founder and chairman of the company, Michael Saylor, stated that the corporation would maintain financial stability even if the price of the leading cryptocurrency dropped to $8,000. Trader Vladimir Cohen commented to ForkLog, calling his assertion "typical marketing." The key risks for Strategy are not the depth of the asset's decline, but the duration of the downtrend and potential investor disappointment, noted the expert.

"Asian Strategy" Reports Annual Loss of $619 Million

The Japanese company Metaplanet reported a net loss of ~$619 million for 2025, compared to a net profit of ~$28.9 million in the previous period.

The negative financial result is attributed to the revaluation of the company's Bitcoin reserve, which resulted in a loss of $664.8 million.

Metaplanet has accumulated 35,102 BTC, up from 1,762 BTC as of December 31, 2024. The value of the company's Bitcoin reserve is approximately $3.5 billion.

The firm assessed its balance as stable:

  • debts amount to ~$304 million;
  • annual revenue — ~$58 million;
  • operating profit — approximately $6.9 million.

Financial operations involving Bitcoin (mainly in the options market) generated Metaplanet an income of ~$55.2 million for the year.

With a market capitalization of $2.58 billion, the Japanese company maintains an mNAV above 1.3.

El Salvador's Bitcoin Reserve Reaches 7,564 BTC

The government of El Salvador has continued its strategy of accumulating Bitcoin daily. As of February 16, the amount of cryptocurrency in the national reserve stood at ~7,564.4 BTC, totaling approximately $512 million.

Source: Bitcoin Office.

It remains unclear how the authorities are replenishing the crypto fund. Under a loan agreement with the IMF signed in December 2024, the country committed to cease purchases of digital gold. However, the head of El Salvador's National Bitcoin Office, Stacy Herbert, announced an acceleration in the pace of asset acquisition.

In August 2025, specialists from the international organization confirmed that El Salvador was meeting the terms of the agreement. The change in Bitcoin balance at the IMF was explained as a wallet rebalancing.

Since 2021, El Salvador has been mining the leading cryptocurrency using state geothermal power plants. The initiative was launched in a test mode about a month after the law recognizing Bitcoin as legal tender took effect.

In June 2023, authorities announced the Volcano Energy project with a capacity of 241 MW, which aimed to use renewable energy sources for mining digital gold. One of the investors was Tether, the company behind the stablecoin USDT.

According to Hashrate Index, in the fourth quarter of 2025, Bitcoin's hashrate in El Salvador was 1.1 EH/s. At the current network difficulty level, this capacity allows for the mining of 3-4 BTC per day. 

Traditionally, the national reserve is replenished with Bitcoin daily, but on November 18, 2025, it received a sudden influx of 1,090 BTC. 

BitMine Stakes 3 Million ETH

BitMine Immersion Technologies acquired 45,759 ETH last week, bringing its corporate Ethereum treasury to 4,371,497 ETH.

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BitMine provided its latest holdings update for February 17th, 2026:

$10.7 billion in total crypto + "moonshots":
— 4,371,497 ETH at $1,998 (@coinbase)
— 193 Bitcoin (BTC)
— $200 million stake in Beast Industries @MrBeast
— $17 million stake in Eightco Holdings… pic.twitter.com/bgpQqyjytq

— Bitmine (NYSE-BMNR) $ETH (@BitMNR) February 17, 2026

The firm also holds 193 BTC, stakes in Eightco Holdings ($17 million) and Beast Industries ($200 million). Free cash amounts to $670 million, with total asset value at $10.7 billion.

BitMine has staked 3,040,483 ETH, potentially generating passive annual income of $176 million based on current asset prices and a composite rate of 2.84%.

Earlier in February, analysts noted that the unrealized loss from the company's crypto strategy approached $7 billion. Over the past 14 days, Ethereum's price has dropped by about 6%, and over the month, by more than 40% (CoinGecko).

Notably, BitMine's chairman, Tom Lee, predicted a forthcoming V-shaped price reversal for the second-largest cryptocurrency.