Michael Saylor Doubles Down on Bitcoin: MicroStrategy Surpasses 714,000 BTC Despite Market Slump and $5 Billion Unrealized Loss

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Michael Saylor is not flinching. Between February 2 and February 8, his company, now simply known as Strategy, gobbled up another 1,142 Bitcoin. They spent about $90 million to do it. The timing? It’s a bit of a head-scratcher for the bears. They bought at an average price of $78,815 per coin, which was right before the market took a nasty tumble toward $60,000. So, on paper, they are already down on this specific batch. But for a guy who says he is going to buy Bitcoin “forever,” a weekly price swing is just noise.

And the scale of this stash is getting genuinely historic. With this latest buy, the firm now sits on a total of 714,644 BTC. That is more than 3.4% of every Bitcoin that will ever exist. It’s an absolute fortress of digital assets. They funded the whole thing by selling off about $89.5 million of their own stock, MSTR. It’s a classic Saylor move. He is essentially turning equity into what he calls “digital credit.” Even with the company sitting on an unrealized loss of about $5 billion right now, the mission hasn't changed.

Critics are calling it reckless, especially after the company reported a massive quarterly loss due to fair value accounting. But Saylor was on CNBC this morning doubling down. He dismissed the “forced seller” narrative entirely. According to the CEO, Bitcoin would have to crash to $8,000, and stay there for half a decade before the company even starts to sweat over its debt. For now, the strategy is simple: keep selling stock, keep buying “orange dots,” and wait for the rest of the world to catch up. The 2026 crypto winter might be cold, but Saylor is still building his fire.

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