The post Strategy nears its 99th Bitcoin purchase – Saylor ignores $12.4B loss appeared on BitcoinEthereumNews.com. Journalist Posted: February 16, 2026 DespiteThe post Strategy nears its 99th Bitcoin purchase – Saylor ignores $12.4B loss appeared on BitcoinEthereumNews.com. Journalist Posted: February 16, 2026 Despite

Strategy nears its 99th Bitcoin purchase – Saylor ignores $12.4B loss

Despite a difficult start to the year, Strategy’s Executive Chairman Michael Saylor has teased more Bitcoin [BTC] buys!

A pat on the back like this, even in uncertain market conditions, is proof of belief in BTC’s long-term future.

Strategy set to buy more Bitcoin?

Saylor recently shared the company’s Bitcoin accumulation chart on X, making buzz about another purchase heat up.

The post caption implied that its 99th Bitcoin transaction is all set to take place, which will extend a buying streak that has lasted for 12 straight weeks.

Source: X

Strategy’s latest purchase came on the 9th of February, when it bought 1,142 Bitcoin for over $90 million. This pushed its total holdings to 714,644 BTC.

Strategy is the largest corporate holder of Bitcoin. BTC has fallen hard from its peak above $125,000, dropping below Strategy’s average purchase price of $76K.

All this buying…

…comes at a time of shaky footing for BTC.

For the first time in its history, Bitcoin posted losses in both January and February of the same year. According to CoinGlass, BTC fell by over 10% in January and another 13% in February 2026.

Source: Coinglass

Since Bitcoin has performed better during these months in recent years, this is concerning.

Reassurance despite losses

Strategy reported a massive $12.4 billion loss in Q4 2025, which sent its stock down by around 17%. Still, the firm moved quickly to calm concerns.

Source: X

In a recent update on X, the company said it could survive even if Bitcoin falls as low as $8,000.

MSTR’s Bitcoin reserves would apparently still be enough to cover its debt, thanks to its strong balance sheet and staggered debt timelines.

The company has also announced plans to gradually convert some of its debt into equity to reduce pressure.


Final Summary

  • Michael Saylor hints at more Bitcoin buys.
  • Strategy’s holding stands at 714,644 BTC, and it can survive an $8K crash.
Next: Grayscale files spot AAVE ETF – Sparks institutional shift narrative

Source: https://ambcrypto.com/strategy-nears-its-99th-btc-purchase-as-saylor-ignores-12-4b-loss/

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