MicroStrategy completed its 101st Bitcoin acquisition, highlighting a broader trend of companies treating BTC as a deliberate treasury reserve rather than a speculative trade. Growing corporate demand could quietly reshape supply dynamics and investor expectations for Bitcoin.
MicroStrategy purchased 17,994 BTC for about $1.28 billion between March 2–8, bringing its holdings to roughly 3.4% of circulating Bitcoin; MSTR closed Monday at $133.53 (down 4.49%) and was $133.85 in pre-market trading.
Michael Saylor is pursuing a plan to double MicroStrategy’s Bitcoin holdings to roughly 1.5 million BTC using equity financing and structured debt instruments, signaling renewed aggressive institutional accumulation.
Venture capitalist Chamath Palihapitiya said he doubts bitcoin can serve as a central bank reserve, citing privacy and fungibility problems that complicate sovereign use. His comments intensify scrutiny of corporate strategies like MicroStrategy’s large BTC holdings.
MicroStrategy bought about $40 million of bitcoin on Feb. 23, yet its share price began declining again, stalling the recent rally. Investors are renewing concerns about MSTR’s high correlation with Bitcoin and the effectiveness of accumulation as a defense against sell-offs.
Goldman Sachs reports that crypto-linked names such as MicroStrategy and Coinbase are among the most heavily shorted equities, reflecting growing investor skepticism toward the sector. The note highlights elevated short interest despite Bitcoin’s market activity.
MicroStrategy announced the purchase of 2,486 BTC on Feb. 17, 2026, bringing its total to 717,131 BTC. The acquisition continues the company's long-running strategy of accumulating bitcoin for its corporate treasury.
MicroStrategy CEO Michael Saylor hinted the firm will buy more bitcoin during a broad market sell-off, extending its accumulation to a 12th consecutive week despite a steep drop in MSTR shares.
Michael Saylor reiterated on Feb 11, 2026 that MicroStrategy will continue accumulating bitcoin and has no intention to sell, even in a prolonged downturn. BTC trades around $65,900–$66,150.
MicroStrategy acquired 1,142 bitcoins for about $90 million, averaging $78,815 per coin. The purchase was made at the onset of last week’s crypto market crash.