Strategy Kicks Off 2026 with $116M Bitcoin Buy Despite $17B Q4 Loss
Strategy, the world’s largest corporate holder of Bitcoin, opened 2026 with a bold $116 million purchase of 1,283 BTC, even as it reported a staggering $17.4 billion unrealized loss in Q4 2025 due to late-year price declines. This move underscores the company’s unwavering commitment to its Bitcoin accumulation strategy despite market volatility.
🚀 Strategy’s Bold Start to 2026
- Purchase details: On January 5, 2026, Strategy acquired 1,283 BTC for $116 million, at an average price close to $90,000 per coin.
- Total holdings: The company now controls 673,783 BTC, valued at approximately $62.6 billion at current market prices.
- Funding source: The purchase was financed through proceeds from the sale of MSTR shares under its at-the-market (ATM) offering.
📉 Q4 2025 Losses
- Unrealized loss: Strategy reported a $17.4 billion paper loss in Q4 2025, reflecting Bitcoin’s sharp decline at the end of the year.
- Nature of the loss: These are unrealized losses, meaning the company has not sold its Bitcoin holdings. The losses are accounting entries tied to market value fluctuations.
- Average cost basis: Strategy’s average purchase price across its holdings is $75,026 per BTC, highlighting its long-term accumulation approach.
💡 Strategic Outlook
- Michael Saylor’s vision: Co-founder and executive chairman Michael Saylor reaffirmed the company’s commitment to Bitcoin, emphasizing its role as a digital treasury reserve asset.
- Cash reserves: Strategy also increased its USD reserves by $62 million, bringing total cash holdings to $2.25 billion, ensuring liquidity for dividends, preferred stock payments, and interest obligations.
- Market positioning: Despite volatility, Strategy remains the largest corporate holder of Bitcoin worldwide, positioning itself as a pioneer in institutional crypto adoption.
🔍 Implications for Investors
- Risk vs. conviction: The $17B loss highlights the extreme volatility of Bitcoin, but Strategy’s continued purchases signal long-term confidence in the asset.
- Institutional precedent: Strategy’s aggressive accumulation may encourage other corporations to consider Bitcoin as a treasury reserve, though few have matched its scale.
- Market sentiment: The move could bolster bullish sentiment among Bitcoin advocates, reinforcing the narrative of Bitcoin as “digital gold.”
📊 Quick Snapshot
| Metric | Value (Jan 2026) |
|---|---|
| New BTC purchase | 1,283 BTC ($116M) |
| Total BTC holdings | 673,783 BTC |
| Current valuation | ~$62.6B |
| Average cost per BTC | $75,026 |
| Q4 2025 unrealized loss | $17.4B |
| Cash reserves | $2.25B |
This article is crafted for Steemit readers interested in crypto markets, corporate Bitcoin strategies, and institutional adoption trends. It blends hard data with strategic insights, making it both informative and engaging for investors and enthusiasts alike.

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