Michael Saylor has once again signaled that Strategy may soon expand its Bitcoin holdings, despite a pullback in the crypto market.
Key Takeaways
- Strategy acquired 22,305 BTC worth $2.13 billion last week, its largest single purchase in over a year.
- Executive Chairman Michael Saylor posted “Thinking about buying more bitcoin” on X, suggesting more purchases may follow.
- The company now owns 709,715 BTC, accounting for over 3.3 percent of Bitcoin’s total maximum supply.
- Despite the accumulation, Strategy shares dipped more than 1 percent as Bitcoin fell below the $90,000 level.
What Happened?
Billionaire Michael Saylor’s latest social media post sparked new speculation about additional Bitcoin purchases from his firm Strategy. On Thursday, he posted “Thinking about buying more bitcoin,” days after the company confirmed it had purchased more than 22,000 BTC. The timing of the post stood out because Saylor usually teases Bitcoin buys on weekends, not mid-week. This new message came amid broader market volatility and reinforced Strategy’s reputation as the most aggressive corporate accumulator of Bitcoin.
Thinking about buying more bitcoin.
— Michael Saylor (@saylor) January 22, 2026
Strategy Buys $2.13 Billion in Bitcoin
Last week, Strategy disclosed it had bought 22,305 BTC for about $2.13 billion, making it the company’s largest purchase in more than a year. The acquisition was funded through sales of both common and preferred stock from January 12 to January 19. The average price per coin came in at $95,284, inclusive of fees and expenses.
With this move, Strategy’s total Bitcoin holdings reached 709,715 BTC, valued at approximately $53.92 billion. The company’s average purchase price stands at $75,979 per BTC, showing a long-term view despite current market conditions.
This stash now represents more than 3.3 percent of Bitcoin’s total supply, solidifying Strategy’s position as the largest public holder of Bitcoin by a wide margin. The second-largest, MARA Holdings, holds just 53,250 BTC.
Market Reacts as Saylor Breaks Routine
Saylor’s tweet drew extra attention due to its unusual timing. Typically, his posts indicating new Bitcoin purchases come during the weekend, often accompanied by symbolic orange dots. The mid-week message came as Bitcoin traded around $88,800, reflecting a pullback from recent highs near $95,000.
Following the tweet, Strategy shares dipped 1.40 points, and the company also posted a 9 percent weekly decline.
While equity investors appeared to have priced in Strategy’s ongoing buying strategy, the market’s reaction to Saylor’s tweet confirms that traders still monitor his signals closely.
Bitcoin Consolidates as Strategy Buys More
Bitcoin’s current price action shows a broad consolidation zone between $85,000 and $100,000, with volumes fading as traders await new catalysts. The digital asset is still up significantly year-over-year, with a market capitalization near $1.77 trillion, underlining its dominance in the crypto market.
Saylor’s firm views this consolidation not as a threat but as an opportunity. Over the past two weeks alone, Strategy has spent roughly $3.4 billion on Bitcoin, relying heavily on equity fundraising to fund its accumulation.
Despite short-term volatility, Saylor has always positioned Bitcoin as a long-term treasury asset. The company’s repeated purchases, both during rallies and dips, reinforce that perspective.
CoinLaw’s Takeaway
In my experience, when a high-profile executive like Michael Saylor breaks pattern, it usually means something’s brewing. His mid-week post was more than just a thought. It was a subtle market signal that Strategy is far from done accumulating Bitcoin. While the market pulled back and Strategy’s stock slipped, I think many are underestimating just how committed this company is to their Bitcoin play. I found it especially notable that they’ve poured billions into BTC even while prices are consolidating. That kind of conviction doesn’t come easy in corporate America. Strategy is not trading crypto, they’re stockpiling it like gold.