Bitcoin fell below the cost line, and Saylor took action again: Strategy invested $75.3 million to increase its position \u003ct-57/\u003e
As Bitcoin's price briefly fell below $75,000, Michael Saylor's Strategy (formerly MicroStrategy) once again disclosed its latest Bitcoin acquisition status.
According to documents submitted by the U.S. Securities and Exchange Commission (SEC) on Monday, Strategy acquired approximately $75.3 million worth of 855 Bitcoins (\u003ct-51/\u003e) last week, with an average purchase price of $87,974 per coin.
\u003ct-70/\u003e Short-term volatility significantly increased, falling below Strategy's average cost.
According to CoinGecko data, Bitcoin's opening price this week was above $87,700, peaking at $90,000 during the day, but then saw a significant pullback and briefly fell below $75,000 on Sunday.
It is worth noting that this price level once fell below the overall average cost of Strategy's positions, marking the first time since 2023 that the price of Bitcoin has dipped below the company's cost line.
Strategy's Bitcoin holdings rose to 713,500 coins.
After this increase, Strategy's total Bitcoin holdings have risen to 713,502 coins, with a cumulative investment cost of approximately $54.26 billion and an overall average purchase price of about $76,052 per coin.
History repeating? It is not the first time for Strategy to buy below the cost line.
Since launching the 'Bitcoin Standard' strategy in August 2020, Strategy has repeatedly experienced phases where the price fell below cost.
In May 2022, Bitcoin fell below $30,000.
At that time, the average purchase cost of Strategy was about $30,600.
Due to the price slump, Strategy only increased its holdings by 8,109 coins in the entire year of 2022.
It was not until the end of August 2023 that the price of Bitcoin returned above its average cost.
During the period from 2022 to 2023 when the price was below cost, Strategy made a total of 7 low-point purchases, accumulating an increase of 28,560 BTC, which accounted for about 22% of its then-holdings of 129,218 coins.
Polymarket: The probability of Strategy's holdings reaching 800,000 coins by 2026 is 81%.
Despite recent market sentiment being cautious, Polymarket's predictive data shows:
In 2025, the probability of falling below $65,000 rose to 72%.
At the same time, bettors believe that the probability of Strategy increasing its Bitcoin holdings to 800,000 coins before 2026 is as high as 81%.
To achieve this goal, Strategy needs to purchase at least another 87,000 Bitcoins by the end of 2026.
Saylor's long-term view remains aggressive.
Regarding the long-term value of Bitcoin, Saylor remains extremely optimistic. He publicly predicted last year that the price of Bitcoin per coin would reach $21 million by 2046.
