In the grown-up world of finance, Strategy has decided Bitcoin is the long-term relationship that keeps giving, even when you pretend you won’t text back. They’ve announced the purchase of 1,142 Bitcoin for roughly $90 million, at an average price of about $78,815 per BTC. This latest haul brings the total stash to 714,644 BTC, bought for around $54.35 billion at an average cost of $76,056 per coin. The move reads like a very confident toast: we are in this for the long haul, darling, even as prices frolic up and down like a party carousel.
All in all, Strategy is doubling down on Bitcoin, reinforcing its faith in the world’s largest cryptocurrency as a store of value-though one could argue the store could use a bit more tea and a bit less volatility.
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2026-02-09 17:16