Michael Saylor's MicroStrategy Buys 1,142 BTC During Recent Crash

Published at 2026-02-09 13:30:43

MicroStrategy added 1,142 BTC for approximately $90 million, paying an average of $78,815 per coin, with purchases executed quietly as last week’s crypto sell-off began. The activity continues CEO Michael Saylor’s well-known strategy of using corporate treasury funds to accumulate bitcoin and came without a high-profile announcement, according to company disclosures.

While 1,142 BTC is modest relative to global daily volume, the buy-the-dip timing reinforces MicroStrategy's long-term conviction and can have outsized signaling effects for institutional and retail investors. The move tightens available supply slightly and may influence sentiment; market participants will be watching for further corporate purchases or treasury maneuvers that could affect price dynamics in the weeks ahead.

Share on:

Related news

Exodus Launches 'Exodus Pay' to Turn Bitcoin Wallet into Spending App

Exodus has launched 'Exodus Pay,' enabling users to spend BTC directly from their self-custodial wallet. The update aims to make holding and spending Bitcoin more seamless without moving funds to custodial services.

Published at 2026-04-10 16:45:35
Cango Sells 2,000 BTC Amid Miner Pivot to AI, Global Hashrate Drops 17%

Cango offloaded 2,000 BTC in a strategic deleveraging as the global Bitcoin hashrate fell about 17%, raising questions over whether this signals a buying opportunity or a warning. The move coincides with miners reallocating capital toward AI hardware, adding near-term sell pressure to BTC markets.

Published at 2026-04-10 05:45:15
Morgan Stanley’s Cut-Rate Bitcoin ETF Sparks Industry Fee War

Morgan Stanley launched the MSBT Bitcoin ETF with a 0.14% fee, undercutting BlackRock’s IBIT and intensifying an issuer fee war. The move could shift investor flows and compress margins across the digital-asset ETF market.

Published at 2026-04-10 00:45:09
MarketVector and Coinbase Launch Bitcoin–Tokenized Gold Index

MarketVector and Coinbase unveiled an index tracking Bitcoin (BTC) alongside tokenized gold tokens PAXG and XAUT, highlighting a blended benchmark for digital and hard-asset value. The launch reflects growing interest in crypto as a store of value as Bitcoin’s equity correlation rises and gold posts stronger returns.

Published at 2026-04-09 16:30:39
NYT Names Adam Back as Satoshi; Back Denies, Ripple CTO Says 'Case Closed'

The New York Times published an 18‑month investigation linking Adam Back to Satoshi Nakamoto using stylometric analysis, interviews, and historical research; Back has denied the claim. Ripple’s CTO responded by calling the matter 'case closed' as the crypto community digests the report.

Published at 2026-04-09 13:15:12