Michael Saylor's Strategy Inc Adds 950 Bitcoin Worth $76M
Strategy Inc., the Virginia-based company led by Michael Saylor, has purchased an additional 950 Bitcoin for approximately $76 million. This acquisition brings its total holdings to 846,000 Bitcoin valued at around $74 billion as of a recent SEC filing. The firm also repurchased $174 million worth of preferred stock in the same filing. Bitcoin prices have fluctuated significantly over the past two years, peaking above $126,000 in September 2025 before dropping to around $86,500 as of Tuesday. Despite this decline, Saylor remains bullish on Bitcoin and has continued his strategy of accumulating more tokens while also using them for liquidity purposes. The company's stock price rose by about 9% since the start of the week following these developments. Meanwhile, crypto legislation in Congress faced setbacks with a key bill failing to pass, which could impact regulatory clarity for digital assets.
Tickers: $MSTR
Topics: Bitcoin Michael Saylor SEC filing stock buybacks Strategy Inc.