MicroStrategy, now known as Strategy (NASDAQ: MSTR), expanded its Bitcoin holdings last week amid continued market challenges. The company purchased 2,486 Bitcoin, bringing its holdings to over 717,000 coins. This purchase, valued at nearly $50 billion, reflects Strategy’s unwavering commitment to Bitcoin, despite bearish market conditions.
Last week, Strategy bought 2,486 Bitcoin, spending $168 million. With this latest acquisition, its Bitcoin stash now exceeds 717,000 coins. This purchase came as the company continued using its stock sales to fund the Bitcoin buys, causing shareholder dilution.
Strategy has acquired 2,486 BTC for ~$168.4 million at ~$67,710 per bitcoin. As of 2/16/2026, we hodl 717,131 $BTC acquired for ~$54.52 billion at ~$76,027 per bitcoin. $MSTR $STRC https://t.co/wvxRYZlQ3Y
— Michael Saylor (@saylor) February 17, 2026
The company has sold over $7.8 billion in shares and is set to sell more. In addition to the stock sales, Strategy holds over $20 billion in preferred STRK. The number of outstanding shares now surpasses 312 million, a significant rise from previous years. As the company’s Bitcoin strategy endures, Michael Saylor, the firm’s former CEO, pledged to keep purchasing Bitcoin indefinitely. He also mentioned plans to swap company debt for additional shares in the future.
Technical Indicators Point to Bitcoin’s Potential Decline
Bitcoin’s price continues to struggle, showing a bearish pattern in the charts. Analysts are concerned that Bitcoin may drop further before any potential rebound. The technical setup suggests a bearish pennant pattern, signaling a price drop.
Bitcoin’s price is moving toward a potential crash, with projections hinting at a fall to $60,000. The bearish pattern emerges from a confluence of a vertical line and a symmetrical triangle. If Bitcoin fails to rise above the $80,000 resistance, the negative outlook will remain intact.
In the past, Bitcoin’s behavior has shown vulnerability to market sentiment shifts. Standard Chartered recently adjusted its Bitcoin price forecast, lowering it from $150,000 to $100,000. The bearish sentiment comes as Bitcoin struggles to break above critical resistance levels, keeping the coin under pressure.
Geopolitical Risks Amplify Bitcoin’s Struggles
Bitcoin faces additional pressure from geopolitical concerns, which weigh heavily on its performance. Tensions in the Middle East, including rising conflict risks between the U.S. and Iran, could impact Bitcoin’s price. Despite negotiations between the U.S. and Iran, ongoing military movements create uncertainties for the market.
The ongoing geopolitical uncertainty has contributed to Bitcoin’s volatility, as the coin fails to establish itself as a safe-haven asset. Bitcoin’s price has been closely linked to broader market sentiment, especially during times of conflict. This ongoing instability is likely to exacerbate the challenges faced by Bitcoin in the short term.
As the Middle East crisis develops, it is unclear how Bitcoin will respond. While some might view it as a hedge against traditional markets, Bitcoin has proven to be vulnerable to large-scale geopolitical events. With global events continuing to influence cryptocurrency prices, Bitcoin’s future remains uncertain.
This article was originally published as MicroStrategy Expands Bitcoin Holdings to $50 Billion Despite Market Woes on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Strive increases its holdings by 113 BTC, bringing total holdings to 13,791 BTC and ranking ninth
Bitcoin treasury company Strive recently increased its holdings by 113 BTC, bringing its total holdings to 13,791 BTC, ranking ninth. CEO Matt Cole hinted that it will surpass a certain CEX that holds 15,389 BTC.
GateNews1m ago
BTQ Technologies releases quantum bitcoin mining research: actual costs are extremely high, and the real risk lies in a signature vulnerability
BTQ Technologies publishes a research paper assessing the physical costs of quantum computing in Bitcoin mining, emphasizing that Bitcoin’s main risk comes from vulnerabilities in cryptographic signatures rather than quantum mining. The study proposes an open-source resource estimation model that covers key computational steps.
GateNews15m ago
Strategy: Last week, it increased its holdings by 4,871 BTC, spending $329.9 million
Gate News message, April 6, Strategy’s official disclosure said the company increased its holdings last week by 4,871 BTC at an average price of about $67.72k per coin, for total spending of approximately $329.9 million. As of 2026, Strategy has accumulated holdings of 766,970 BTC, with a total position cost of about $58.02 billion, and an average holding price of about $75.64k per coin.
GateNews20m ago
Forecast market activity: March transaction count year-over-year grew 2,838%, and it’s a geopolitical risk monitoring tool that is correlated with BTC price movements
Sygnum Bank’s chief investment officer said the market is increasingly important in monitoring macro risks, especially during heightened conflict in Iran. Data show that the number of prediction market trades in March rose 2,838% year over year, and the professional trading team has incorporated it into its macro analysis framework to develop trading strategies.
GateNews29m ago
Bitcoin rises to $69,350, setting a new intraday high, as reports of US-Iran ceasefire talks boost market sentiment
Gate News news. On April 6, Bitcoin rose to $69,350 briefly in the morning on Monday, setting a new intraday high. On the news front, media reports say the U.S., Iran, and regional mediators are discussing a framework for a 45-day ceasefire agreement. In the derivatives market, the crypto market has formed a short squeeze, while both implied and realized volatility remain at low levels. The situation in the Strait of Hormuz is still the key variable.
GateNews31m ago
