Strategy's Bitcoin Bet Dips Underwater as Firm Adds to $56 Billion BTC Stash
Bitcoin briefly fell below Strategy’s average buy price, turning its massive BTC treasury into an at-cost (or loss) holding for the first time in years.
Bitcoin fell below Strategy’s lifetime average purchase price overnight, pushing the firm’s BTC position below cost for the first time in about two and a half years [1][2]. The drop saw BTC dip under roughly $75,000–$76,000 during the weekend trading window cited by market reports [2][3].
Strategy holds 713,502 BTC at a reported lifetime average cost of about $76,052, having paid roughly $54.2 billion for the coins; the market slide reduced the holding’s value to below about $53.3 billion on recent marks [2][1].
The company added 855 BTC just before the decline, keeping its treasury near the $56 billion figure noted in reporting [5][6][1]. The brief price move also coincided with an approximate 7% drop in Strategy’s stock and left unrealized losses approaching $900 million in some tallies [3][4].
The episode represents a rare period of paper losses for Strategy’s long-running corporate bitcoin accumulation strategy and highlights how large centralized treasuries can be affected by short-term market swings [1][2][3].
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Citations
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- 1Strategy's Bitcoin Bet Dips Underwater as Firm Adds to $56 Billion BTC StashDecrypt• Feb 2, 2026
- 2Bitcoin fell below Strategy average buy price overnightProtos• Feb 2, 2026
- 3At $76K, Strategy’s Average Cost Meets Bitcoin’s Current PriceBeInCrypto• Feb 3, 2026
- 4Can Saylor’s Strategy ride out Bitcoin’s slide as losses cross $900mln?AMBCrypto• Feb 3, 2026
- 5Strategy Adds 855 Bitcoin Ahead Of Market Drop With Treasury Near CostMoneyCheck• Feb 2, 2026
- 6Bitcoin Dips Below $75K As Strategy Adds 855 More CoinsCointribune• Feb 2, 2026