MicroStrategy has acquired an additional 2,486 Bitcoin for approximately $168.4 million, increasing its total holdings to over 717,000 BTC. Bitcoin critic Peter Schiff offered a rare acknowledgment of the move but reiterated warnings about the “averaging down” strategy. Both Bitcoin’s price and MicroStrategy’s stock have seen significant declines recently, while market data suggests a cooling-off period as speculative traders exit.
MicroStrategy has purchased another 2,486 Bitcoin, bringing its total holdings to 717,131 BTC valued at more than $54.5 billion. This gives the company control of about 3.4% of all the Bitcoin that will ever exist.
The latest purchase cost about $168.4 million, with Bitcoin acquired at an average price of $67,710. Longtime Bitcoin critic Peter Schiff responded to the announcement with a rare comment. “Congratulations, you finally averaged your price down,” he stated.
Schiff has criticized the strategy of buying more Bitcoin when prices fall. He argued that if Bitcoin’s price continues dropping, this approach could increase overall losses.
Market data reveals a concerning picture for both assets. MicroStrategy’s stock has fallen nearly 20% over the past month. Meanwhile, Bitcoin’s price has declined about 26% over the same period.
The falling Bitcoin Open Interest suggests risky traders are exiting the market. This indicates a shift toward more serious, long-term investors.
Analysis of MicroStrategy’s options market shows $100 is seen as a strong support level. Heavy selling pressure exists between $130 and $150, making gains difficult.
The company’s Japanese counterpart, Metaplanet, reported a net loss of $619 million in its Q4 2025 earnings. The strategy for these firms is to buy during price dips and wait for the next market cycle.
