What's Hot

    US considers seizing strategic islands near Iran, escalating tensions

    04/05/2026

    Bitcoin Reaches Highest Level Of Bearish Chatter In 5 Weeks

    04/05/2026

    Odds for US forces entering Iran by April 30 rise to 86.5% after F-15E recovery

    04/05/2026
    Facebook Twitter Instagram
    • Business
    • Markets
    • Get In Touch
    • Our Authors
    Facebook Twitter Instagram
    Cryptomarketnews
    • Home
    • Business

      Charles Schwab Is Gearing Up to Offer Bitcoin, Ethereum Spot Trading

      04/03/2026

      Where Next for Bitcoin After Worst Quarter Since 2018?

      04/03/2026

      Bitcoin Miner MARA Slashes 15% of Workforce After Selling $1.1 Billion in BTC

      04/03/2026

      Decentralized Email Service Dmail to Shut Down, Token Hits New Low

      04/03/2026

      ‘We Are Ready to Speak’: Drift Beckons North Korea-Linked Hackers Following $285M Exploit

      04/03/2026
    • Technology
      1. Business
      2. Insights
      3. View All

      Charles Schwab Is Gearing Up to Offer Bitcoin, Ethereum Spot Trading

      04/03/2026

      Where Next for Bitcoin After Worst Quarter Since 2018?

      04/03/2026

      Bitcoin Miner MARA Slashes 15% of Workforce After Selling $1.1 Billion in BTC

      04/03/2026

      Decentralized Email Service Dmail to Shut Down, Token Hits New Low

      04/03/2026

      Bitcoin Reaches Highest Level Of Bearish Chatter In 5 Weeks

      04/05/2026

      Bitcoin Stalls At $66,000 As Market Quietly Prepares For A Downside Draw

      04/05/2026

      Here’s Why The XRP Supply Crashing On Coinbase Is A Good Thing For The Price

      04/05/2026

      Bitcoin And Ethereum Adoption Gets A Boost From Schwab Launch

      04/04/2026

      AI Giant Anthropic Files to Launch ‘AnthroPAC’ Amid Clash With Trump Administration

      04/04/2026

      Anthropic Spots ‘Emotion Vectors’ Inside Claude That Influence AI Behavior

      04/04/2026

      FIFA Inks World Cup Prediction Market Deal With ADI Predictstreet

      04/03/2026

      Myriad Traders Predict US Boots in Iran After Downed Fighter Jet Prompts Rescue Mission

      04/03/2026
    • Insights
      1. Bitcoin
      2. Ethereum
      3. Eurozone
      4. Monero
      5. View All

      Bitcoin Reaches Highest Level Of Bearish Chatter In 5 Weeks

      04/05/2026

      Telegram Has Been Downloaded Over 50M Times in Iran, Despite Ban: Durov

      04/04/2026

      ProductionReady’s Jimmy Song Pitches Case for Conservative Bitcoin Software

      04/04/2026

      Nevada Judge Extends Kalshi Ban, Rules Event Contracts Unlicensed Gambling

      04/04/2026

      Jack Dorsey Teases Bitcoin Faucet Revival With “Bitcoin Day” Post

      04/03/2026

      Riot Platforms (RIOT) Sells 3,778 Bitcoin In Q1

      04/03/2026

      MARA Conducts Ongoing Layoffs Following $1.1B Bitcoin Sale And Debt Reduction Push

      04/02/2026

      Coinbase Receives OCC Nod To Form National Trust Company

      04/02/2026

      Bitcoin Stalls At $66,000 As Market Quietly Prepares For A Downside Draw

      04/05/2026

      Here’s Why The XRP Supply Crashing On Coinbase Is A Good Thing For The Price

      04/05/2026

      Bitcoin And Ethereum Adoption Gets A Boost From Schwab Launch

      04/04/2026

      Ethereum Eyes Macro Bottom As Key Level Comes Into Focus

      04/04/2026

      GPT-5.4 Pro jumps to 150 IQ on MESNA Norway test as OpenAI breaks its own record

      04/04/2026

      Bitcoin’s ‘permanent buyers’ are starting to sell

      04/04/2026

      Why crypto didn’t buy Wall Street’s Iran ceasefire rally

      04/04/2026

      Washington is admitting bank losses never really went away

      04/04/2026

      Bitcoin Reaches Highest Level Of Bearish Chatter In 5 Weeks

      04/05/2026

      Bitcoin Stalls At $66,000 As Market Quietly Prepares For A Downside Draw

      04/05/2026

      Here’s Why The XRP Supply Crashing On Coinbase Is A Good Thing For The Price

      04/05/2026

      Bitcoin And Ethereum Adoption Gets A Boost From Schwab Launch

      04/04/2026
    • Markets
    • Get In Touch
    Cryptomarketnews
    Home»Markets»Michael Saylor’s Strategy buys $90 million in Bitcoin at $78,800
    Markets

    Michael Saylor’s Strategy buys $90 million in Bitcoin at $78,800

    adminBy admin02/09/2026No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Strategy, the business intelligence firm that has become the largest corporate holder of Bitcoin, added 1,142 BTC to its reserves over the past week, bringing total holdings to 714,644 BTC valued at roughly $49 billion.

    Strategy has acquired 1,142 BTC for ~$90.0 million at ~$78,815 per bitcoin. As of 2/8/2026, we hodl 714,644 $BTC acquired for ~$54.35 billion at ~$76,056 per bitcoin. $MSTR $STRC https://t.co/tJ7Ilwpc2l

    — Strategy (@Strategy) February 9, 2026

    The company disclosed today that it spent $90 million on the latest batch of Bitcoin between February 2 and February 8, acquiring the stash at an average price of $78,815 per coin. Funding came from the sale of MSTR common stock, which generated $89.5 million in net proceeds.

    Michael Saylor, founder and executive chairman of Strategy, has spearheaded the firm’s pivot toward treating Bitcoin as its primary treasury reserve. The average cost basis across all holdings now stands at $76,056 per token.

    The acquisition follows a purchase earlier this month, when Strategy bought 855 BTC for $75 million. The company maintains approximately $37.6 billion in remaining capacity across its common and preferred stock ATM programs.

    Strategy buys $90 million in Bitcoin at $78,800Strategy buys $90 million in Bitcoin at $78,800

    Strategy’s aggressive accumulation strategy has encountered headwinds in recent months. The firm reported a net loss of $12.4 billion in the fourth quarter of 2025, driven largely by mark-to-market fluctuations.

    MSTR edged down in premarket trading on Monday after closing up 26% last Friday, per Yahoo Finance.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    admin
    • Website

    Related Posts

    US considers seizing strategic islands near Iran, escalating tensions

    04/05/2026

    Odds for US forces entering Iran by April 30 rise to 86.5% after F-15E recovery

    04/05/2026

    Schwab to launch spot Bitcoin and Ethereum trading in early 2026

    04/05/2026

    US-Europe alliance strains over Iran conflict as ceasefire odds plummet

    04/05/2026
    Add A Comment

    Leave A Reply Cancel Reply

    Top Posts

    Millennials Are Quitting Job to Become Day Traders

    01/20/2021

    Jack Dorsey Says Bitcoin Will Unite The World

    01/15/2021

    Hong Kong Customs Arrest Four in Crypto Laundering Bust

    01/15/2021

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Facebook Twitter Instagram Pinterest YouTube
    Top Insights

    US considers seizing strategic islands near Iran, escalating tensions

    04/05/2026

    Bitcoin Reaches Highest Level Of Bearish Chatter In 5 Weeks

    04/05/2026

    Odds for US forces entering Iran by April 30 rise to 86.5% after F-15E recovery

    04/05/2026
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Business
    • Markets
    • Technology
    • Contact us
    © 2026 CryptoDailyNews.net

    Type above and press Enter to search. Press Esc to cancel.