Why This Guy Keeps Buying Bitcoin Despite Losing Billions (Spoiler: He’s Committed)

So, picture this: it’s Monday morning, and Michael Saylor, the mastermind behind Strategy, decides to play a little game of “let’s pump up that bitcoin treasury” – because who doesn’t love a bit of financial thrill on a Monday?

In a totally not dramatic announcement (because who announces anything dramatically these days?), Saylor reveals that Strategy (Nasdaq: MSTR) has added a whopping 1,142 BTC to its already impressive stash of 714,644 bitcoin. Talk about commitment! It’s like he’s in a long-term relationship with cryptocurrency, complete with emotional baggage.

Right after the sun rose over Eastern time, Saylor laid it all out, saying, “Strategy has acquired 1,142 BTC for $90.0 million at a stunning $78,815 per bitcoin. As of 2/8/2026, we proudly hodl 714,644 BTC acquired for $54.35 billion at $76,056 per bitcoin.” That’s right, folks; we’re talking about some serious investing on a grand scale – or as I like to call it, “the art of making questionable life choices.”

But alas, the latest purchase didn’t put a dent in Strategy’s dollar-cost averaging ( DCA) basis. It’s like trying to lose weight while eating cake – the numbers just don’t add up! With BTC currently trading at $68,940 per coin, Strategy is sitting on an unrealized loss of $5.09 billion. Ouch! But hey, who needs comfort when you have conviction?

The big question is: will Saylor’s patience turn into profit? Well, that depends on bitcoin’s next big move-so stay tuned, folks!

FAQ ❓

  • How much bitcoin does Strategy hold now? A cool 714,644 BTC after their latest shopping spree!
  • How much did Strategy spend on its newest bitcoin buy? Just a casual $90.0 million for 1,142 BTC at a jaw-dropping $78,815 each. No biggie!
  • What is Strategy’s current unrealized loss on bitcoin? With BTC hovering around $68,940, they’re looking at roughly $5.09 billion in the red. Yikes!
  • Why does Strategy keep buying bitcoin despite losses? Because, dear reader, they believe in long-term gains over short-term panic. It’s all about the bigger picture… or so they say.

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2026-02-09 16:57