Bitcoin treasury company Strategy, led by executive chairman Michael Saylor, has acquired an additional 592 BTC worth approximately $40 million, according to data published on the company’s official website.

The latest purchase forms part of a whole accumulation streak. Over the past week alone, Strategy acquired 4,220 BTC, at average prices ranging between $67,000 and $78,000 per bitcoin.

Total Holdings Reach 717,722 BTC

As of February 22, 2026, Strategy holds 717,722 BTC, acquired for approximately $54.56 billion at an average purchase price of $76,020 per bitcoin, according to the company’s disclosure.

The announcement also marks a milestone: Strategy has now completed its 100th Bitcoin purchase, underscoring its long-term treasury commitment to the digital asset.

Despite recent market weakness — including Bitcoin dipping below $65,000 and users concerns about a potential bear market phase — Strategy continues to accumulate.

In a public statement shared on social media, the company wrote:

“As of 2/22/2026, we hodl 717,722 $BTC acquired for ~$54.56 billion at ~$76,020 per bitcoin.”

A Treasury Strategy Built Around Bitcoin

Formerly known as MicroStrategy, the company rebranded to Strategy as its Bitcoin-centric identity increasingly defined its corporate profile.

Under Saylor’s leadership, Strategy has adopted an aggressive treasury model that involves:

– Raising capital through equity offerings and debt issuance – Allocating substantial portions of its balance sheet to Bitcoin – Treating BTC as a long-term, non-yielding strategic reserve asset

Rather than trading Bitcoin tactically, Strategy positions its holdings as a long-duration store of value, often purchasing during both upward and downward market cycles.

Institutional Conviction Amid Volatility

The continued accumulation comes at a time when market sentiment remains cautious. Bitcoin has faced renewed volatility, and some analysts have pointed to early signs of a potential bear-market transition.

However, Strategy’s approach reflects a conviction-driven allocation model rather than short-term price sensitivity.

With over 717,000 BTC under custody, Strategy remains the largest publicly traded corporate holder of Bitcoin globally, reinforcing its position as one of the most prominent institutional backers of the asset.