Michael Saylor’s bitcoin‑focused acquisition vehicle, Strategy Inc. (NASDAQ: MSTR), has disclosed a significant new purchase of 22,305 bitcoin (BTC), spending approximately US$2.13 billion, its largest weekly acquisition in more than a year. The purchases were made between January 2 and January 19, 2026, at an average price of about $95,284 per bitcoin, according to an SEC filing and company statements.
With this latest acquisition, Strategy’s total bitcoin holdings now stand at approximately 709,715 BTC, making it one of the largest corporate Bitcoin treasuries in the world. The cumulative cost basis of those holdings is roughly $53.9 billion with an overall average purchase price near US$75,979 per BTC, reflecting a long‑term accumulation strategy.
The company funded the latest purchases through at‑the‑market (ATM) equity and preferred‑stock offerings, selling 10.4 million Class A MSTR shares and nearly 3 million preferred STRC shares to generate approximately US$2.125 billion in net proceeds for the acquisitions. Issuances of STRK preferred stock also contributed to the funding mix.
Saylor, who serves as executive chairman and co‑founder of Strategy, has maintained an aggressive approach to expanding the firm’s bitcoin reserves, consistently converting capital market proceeds into BTC. The strategy underscores his long‑held belief in bitcoin as a superior reserve asset and hedge against inflation and fiat dilution.
The latest buyout adds to a series of major acquisitions at the beginning of 2026, following earlier purchases including a 13,627‑BTC tranche valued at about US$1.25 billion disclosed earlier in January. Saylor’s distinctive “Bigger Orange” posts on social media, often accompanied by Strategy’s purchase tracker, have historically foreshadowed large bitcoin purchases, and the pattern held true with this round.
Market reactions to the announcement were mixed. While Strategy’s BTC accumulation reinforces its position as a leading institutional investor in the crypto space, its stock MSTR was under some pressure in early trading following the disclosure, reflecting broader market volatility and bitcoin price fluctuations. Nevertheless, many institutional and retail investors view Strategy shares as a proxy for indirect BTC exposure without the need for direct crypto custody.
Strategy’s holdings now represent more than 3% of bitcoin’s total circulating supply, a noteworthy milestone given the capped 21 million BTC supply. The growing treasury reflects continued confidence from Saylor’s team in long‑term bitcoin demand, even as prices have traded near six‑figure levels and macroeconomic conditions evolve.
