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Strategy Adds 855 Bitcoin as Volatility and Epstein News Shake Markets

Highlights:

  • Strategy added 855 Bitcoin, raising total holdings above 713,000 BTC under Saylor.
  • Recent Bitcoin price swings briefly affected the company’s treasury and stock value.
  • Saylor’s name appeared in unsealed Epstein files, which further effected company’s stock.

Strategy ($MSTR) made headlines after adding 855 Bitcoin, worth about $75.3 million. The filing on Monday showed the average price was $87,974 per coin. The timing was tricky, as the purchase happened just before a sharp weekend drop that briefly pushed Bitcoin below $75,000.

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Despite this, the company’s total holdings remain huge. Led by Executive Chairman Michael Saylor, Strategy now owns 713,502 BTC. The total cost of all purchases is around $54.26 billion, with an average price of $76,052 per coin. At the current market price slightly above $77,000, the treasury sits just above breakeven after over five years of accumulation.

 

Strategy Faces $1B Bitcoin Loss as Price Dips, Stock Hits Multi-Year Low

Bitcoin’s sudden drop during early Asian trading on February 1 and into February 2 briefly put Strategy’s treasury underwater. Prices fell to $74,500, pushing unrealized losses close to $1 billion at the lowest point. As the market recovered to the mid‑$75,000 range, losses shrank to about $150 million.

The volatility also affected Strategy’s stock negatively. The stock dropped by more than 7% in pre-market trading on Monday to $138.49, a multi-year low. This was in line with the weakness of crypto-linked stocks that have been struggling with Bitcoin volatility. Despite the volatility, Strategy is still the largest corporate holder of Bitcoin. The company does not seem to be slowing down its buying. On January 20, it made its largest purchase of the year, acquiring more than 22,000 BTC.

To support ongoing Bitcoin purchases, Strategy raised the dividend on its Series A Perpetual Stretch Preferred Stock to 11.25%. Sales from these preferred shares have already funded over 27,000 BTC in recent months. Saylor has indicated that more purchases could continue into 2026, which shows the company’s long‑term commitment to Bitcoin.

Following this trend, Binance’s SAFU conversion highlights growing institutional interest in Bitcoin. The first step swapped $100 million in stablecoins for 1,315 BTC, with the full $1 billion fund set to move into Bitcoin over the next 30 days. About $900 million still remains, pointing to more purchases ahead.

Bitcoin Shows Mixed Signals as Market Reacts to Epstein Document News

At the same time, the broader cryptocurrency market shows mixed signals. Bitcoin is trading at $77,792, with a 24‑hour volume of $86 billion. The asset is down about 1% for the day, 1% below its seven‑day high of $78,611, and 4% above its seven‑day low of $74,592. Total market capitalization is $1.57 trillion, reflecting a 2% increase in 24 hours. 

Away from trading, Michael Saylor’s name appeared in newly unsealed Epstein documents. According to the documents, Saylor spent $25,000 on a dinner organized for Epstein’s social circle. Siegal described him as socially awkward and referred to him as a “drugged zombie” who didn’t engage with other guests. Despite the critical remarks, the files show no legal or financial issues involving Saylor. The news briefly affected MicroStrategy’s stock, causing a short-lived flash crash in the rumor-driven market.

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