Key Takeaways:
- In a most audacious move, our dear friends at Strategy have snagged 2,486 Bitcoin for a cool $168.4 million.
- Now their treasure chest brims with 717,131 Bitcoin – a number so large it makes one question the sanity of mankind.
- They bought this latest batch at a price that’s lower than their average, which might just be the first sensible thing anyone’s done all week.
- During the holiday period, on-chain transaction fees took a leisurely stroll down to about $0.44 – cheaper than a cup of coffee in most places!
This purchase was delivered with a side of commentary, singing the praises of the Bitcoin network, which, it seems, can send global payments for less than a dollar, even when banks are taking their afternoon nap on a holiday weekend.
Strategy has acquired 2,486 BTC for ~$168.4 million at ~$67,710 per bitcoin. As of 2/16/2026, we hodl 717,131 acquired for ~$54.52 billion at ~$76,027 per bitcoin.
– Michael Saylor (@saylor)
With this latest acquisition, Strategy has puffed up its holdings to a staggering 717,131 Bitcoin as of February 16, 2026. They’ve lavished around $54.52 billion to build this digital fortress, implying each precious coin cost them a princely sum of about $76,027. And wouldn’t you know it, they managed to snag the last batch for a bargain, proving they’ve got a knack for shopping during sales.
Bitcoin Network Fees Hold at Minimal Levels
Now, our good pal Michael Saylor usually teases his Monday-Bitcoin buys on Sunday, but this time he decided to share some delightful network data instead, quoting transaction fees at a mere 1 satoshi per virtual byte – translating to approximately $0.44 for an on-chain transfer. Why, that’s practically a steal!
The fee estimates were so consistent across the board, they might as well have been twins, suggesting there’s hardly any congestion and demand for block space is as low as a snake’s belly in a wagon rut. The cost of sending money was a minuscule 0.0003% of the value transferred – practically a rounding error!
On a bank holiday, Bitcoin can send any amount of money anywhere on earth in minutes – for $0.44.
– Michael Saylor (@saylor)
Supporters of this wild ride argue that low-fee environments highlight Bitcoin’s dazzling potential as a global settlement layer that operates round the clock, even when traditional banks are playing hide-and-seek. Detractors, however, caution that fees can soar like a kite in a storm when activity spikes, making the costs as predictable as a cat in a room full of rocking chairs.
Strategy, hailed as the largest known corporate holder of Bitcoin-like a dragon hoarding gold-has positioned the digital asset as its primary treasury reserve. One might say their shares and related securities dance in tandem with Bitcoin’s price, amplifying market reactions to both accumulation updates and the whims of network conditions.
Now, let me be clear: the information provided here is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always do your own homework and consult with a licensed financial advisor before jumping into the investment pool.
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2026-02-17 17:19