Strategy Inc. has made a significant move in the cryptocurrency space by acquiring 13,627 Bitcoin for a total of $1.25 billion. This transaction results in an average cost of approximately $91,519 per Bitcoin, demonstrating a strong commitment to expanding its digital asset portfolio. With this purchase, Strategy Inc.'s total Bitcoin holdings now stand at 687,410 coins, accumulated at an average price of $75,353 each, marking a substantial investment valued at $51.80 billion.
This latest acquisition is the largest made by Strategy Inc. so far in 2026 and surpasses the scale of any purchase since July 2025. It also exceeds the two Bitcoin buys in December, each exceeding $1 billion in value. To finance this recent procurement, Strategy Inc. sold 1.2 million STRC preferred shares for $119.1 million and 6.8 million common shares of MSTR, the company's stock, for $1.13 billion. This strategic capital raising enabled the company to support its aggressive Bitcoin expansion without apparent external borrowing.
The company’s Executive Chairman, Michael Saylor, indicated this transaction in a Sunday post featuring the company’s Bitcoin portfolio tracker, nicknamed “₿ig Orange,” signaling the scale and seriousness of the purchase to the investing public.
Earlier in the current year, Strategy Inc. also procured 1,286 Bitcoin, totaling $116 million, between December 29 and January 4, underscoring the company’s ongoing confidence in accumulating cryptocurrency despite prevailing market conditions.
With nearly 700,000 Bitcoins in possession, the company approaches a notable milestone in its digital asset buildup. This is occurring as legislative developments like the Clarity Act markup are expected later this week, potentially impacting cryptocurrency regulation.
Turning to Strategy Inc.'s stock performance, the MSTR shares are currently struggling to maintain critical support around the $150 mark. After experiencing a dramatic drop of 67% from their peak in July of last year, the stock is now trading below all principal moving averages. Specifically, it lies under the 20-day exponential moving average (EMA) at $164.46, the 50-day EMA at $193.81, the 100-day EMA at $238.36, and the 200-day EMA at $272.37.
The Supertrend indicator further reflects a bearish outlook at $181.47, highlighting sustained downward momentum. Additionally, the stock price remains confined within a descending channel that traces its decline from summer highs, suggesting continued pressure on the price level.
Despite being in a technically oversold condition, the stock has yet to show a meaningful recovery attempt. This lack of upward price movement under severe oversold circumstances serves as a cautionary signal for investors and analysts.
The $150 price level constitutes a significant support zone for MSTR shares, having held through multiple retests. Should this support fail, the stock could descend first to a range between $140 and $145, followed by the psychologically important levels of $120 to $130. A further drop below $120 may trigger a more severe collapse toward $100 or lower, increasing downside concerns.
Conversely, a potential recovery would require MSTR to break decisively above the 20-day EMA at $164.46, then push through resistance in the $175 to $180 range. Surpassing the 50-day EMA at $193.81 would represent an initial sign of genuine trend reversal, while ultimate recovery targets would align with the higher moving averages situated between $238 and $272, corresponding to the 100-day and 200-day EMAs.
On shorter trading timelines, MSTR shares have been consolidating tightly within a narrow band between $155 and $158. Within this range, the volume-weighted average price (VWAP) at approximately $156.64 serves as an immediate pivot point. This consolidation pattern points toward an imminent resolution in stock direction, with increased volatility expected as the trading range resolves.