Michael Saylor, Executive Chairman of Strategy, has hinted at more Bitcoin purchases despite a challenging market. The company’s potential 99th transaction would extend its 12-week buying streak. This comes as Bitcoin faces unprecedented losses in early 2026 and Strategy’s holdings are underwater based on its average purchase price.
Michael Saylor has teased more Bitcoin buys from Strategy, signaling continued conviction. The firm’s Executive Chairman shared the company’s accumulation chart on X, implying a 99th transaction is imminent.
This would mark a 12th consecutive week of purchases. Strategy last bought 1,142 Bitcoin for over $90 million on February 9, bringing its total holdings to 714,644 BTC.
The buying occurs during a historically poor start for Bitcoin. Data from CoinGlass shows Bitcoin fell over 10% in January and another 13% in February 2026.
This is the first time Bitcoin has posted losses in both months. The cryptocurrency has now dropped below Strategy’s average purchase price of $76,000.
The company recently reported a massive $12.4 billion loss in Q4 2025. It moved to reassure investors about its financial resilience despite the downturn.
In a recent update on X, the company stated it could survive even if Bitcoin fell to $8,000. It cited a strong balance sheet and staggered debt timelines as key factors.
Strategy also announced plans to gradually convert some debt into equity. This move aims to reduce financial pressure on the firm.
