Strategy has invested $39.8 million in Bitcoin, acquiring 592 BTC just before a price drop, raising its total to 717,722 BTC.
Strategy has made a significant addition to its Bitcoin holdings, acquiring 592 BTC for approximately $39.8 million. This was confirmed by founder Michael Saylor on February 23, 2026.
With this latest acquisition, we now hodl 717,722 BTC, which we purchased for a total of around $54.56 billion at an average price of about $76,020 each.
— Michael Saylor (@saylor) February 23, 2026
The investment follows a purchase made just before Bitcoin’s price fell below $65,000. Since August 2020, Strategy has been bullish on Bitcoin, investing nearly $54.6 billion into the cryptocurrency. Currently, the total value of their Bitcoin assets is estimated at $47.4 billion.
Saylor previously stated that the company could withstand a downturn to as low as $8,000 per Bitcoin without compromising its financial stability.
BitMine Financial Updates
Meanwhile, BitMine announced that its reserves have reached $9.6 billion, which includes a mix of cryptocurrencies and other investments.
As of February 22, BitMine holds:
- 4.42 million ETH, representing 3.66% of the market supply;
- 193 BTC;
- $691 million in cash;
- $200 million in shares from Beast Industries;
- $17 million in shares from Eightco Holdings.
Last week, the company acquired 51,162 ETH, taking advantage of the price drop. Chairman Tom Lee indicated that this decline presented a favorable opportunity to enhance their reserves.
BitMine is also actively generating revenue from its assets, with 3.04 million ETH currently staked, yielding an annual return of $171 million at a rate of 2.89%. They plan to launch their validator network, MAVAN, in 2026, potentially increasing staking revenue to $249 million per year.
Earlier in February, BitMine reported a paper loss of $6.95 billion, reflecting the volatile nature of the cryptocurrency market.
