Strategy adds 592 BTC for $40M in 100th Bitcoin purchase

CoinTelegraph

by Ezra Reguerra

February 23, 2026

AI-Generated Deep Dive Summary

Strategy has made its 100th Bitcoin purchase, acquiring 592 BTC for approximately $39.8 million. This latest acquisition brings the company's total Bitcoin holdings to 717,722 BTC, purchased at an aggregate cost of $54.56 billion since adopting its Bitcoin-focused treasury strategy in August 2020. The recent purchase was finalized at an average price of $67,286 per BTC, inclusive of fees and expenses. The funds for this acquisition were raised through the sale of 297,940 shares of Strategy’s Class A common stock under its at-the-market (ATM) offering program. The share sales generated net proceeds of about $39.7 million between Tuesday and Sunday. This method of funding highlights the company's ongoing commitment to leveraging its equity to finance Bitcoin purchases as part of its long-term strategy. This 100th purchase marks a significant milestone for Strategy, demonstrating its sustained focus on Bitcoin as a strategic asset. The average price paid per BTC underscores the company's approach to acquiring Bitcoin at favorable market conditions, while also reflecting the operational efficiency in executing such large-scale transactions. By consistently adding to its Bitcoin holdings, Strategy continues to signal confidence in the cryptocurrency's role in its financial portfolio. For crypto enthusiasts and investors, this move is notable as it aligns with broader trends of institutional adoption of Bitcoin. It not only validates Bitcoin's position as a store of value but also serves as an indicator for market participants about the perceived stability and growth potential of the asset class. Strategy’s approach to funding purchases through equity sales under its ATM program ensures liquidity while maintaining its focus on accumulating Bitcoin. In summary, Strategy's 100th Bitcoin purchase is a testament to its strategic commitment to integrating cryptocurrency into its treasury management. This milestone not only highlights the company's confidence in Bitcoin but also offers insights into institutional strategies for managing digital assets in a rapidly evolving financial landscape.

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Originally published on CoinTelegraph on 2/23/2026