Why is Michael Saylor betting big on Bitcoin as Strategy (MSTR) spends $1.28 billion to buy BTC USD in a week? Crypto's price impact explained

Strategy MSTR Bitcoin BTC USD buy 2026: Michael Saylor’s Strategy continues to make headlines with its unprecedented Bitcoin purchases.

Michael Saylor’s Strategy (MSTR) Spends $1.28 Billion on Bitcoin (BTC USD)

Last week alone, the company spent $1.28 billion to add 17,994 bitcoin to its corporate treasury, bringing its total holdings to 738,731 BTC, roughly five times the amount miners produced over the same period, as per a report. Since January, Strategy has accumulated around 66,000 bitcoin, averaging more than 6,600 coins per week, compared with the roughly 3,150 coins miners generate weekly, as reported by Forbes.

Bitcoin Price (BTC USD) Today Near $70,800 as Supply Drops Below 1 Million Coins

This buying spree comes as bitcoin trades near $70,800, with fewer than one million coins left to mine. At the current post-halving rate of about 450 new coins per day, the remaining supply could take over a century to fully extract. Saylor summarized the strategy on X, saying, "We can buy more Bitcoin than they can sell," reflecting his confidence in scarcity driving long-term value.


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BTC USD Price Prediction Explained: Why Wall Street Analysts Set Ambitious Bitcoin Price Targets for 2026

Wall Street is taking notice. Bernstein and Standard Chartered have set $150,000 targets for bitcoin in 2026, while Nexo analyst Iliya Kalchev projects $150,000 to $200,000, citing diminishing supply risk as long-term holders consolidate, as per the report Forbes report. Sidney Powell of Maple Finance sees $175,000, highlighting bitcoin-backed lending as a factor reducing selling pressure, as per the report.

How Corporate Demand Outpaces Miners, Driving Scarcity

The supply-demand dynamics are striking. In 2025, corporate treasuries and exchange-traded products absorbed 696,851 bitcoin, over four times the annual miner output. Meanwhile, coins held on exchanges fell from 3.4 million to 2.4 million, and Fidelity Digital Assets reports 566 coins per day entering “ancient supply,” untouched for over a decade. This shrinking active supply has become a key driver for scarcity-focused price models.

MSTR (Strategy) Stock Falls Despite Growing Bitcoin Holdings

Despite the growing bitcoin pile, Strategy’s stock has fallen roughly 50% from its highs, with an average coin purchase price of $75,862, above today’s price, leaving the treasury in the red on paper.

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How Scarcity, Geopolitics, and Dollar Weakness Could Impact BTC USD

Analysts offer a wide range of 2026 forecasts: Youwei Yang of Bit Mining predicts $75,000 to $225,000, while James Butterfill of CoinShares anticipates $120,000 to $170,000 after the Federal Reserve chair transition. Some bulls even point to $500,000, factoring in geopolitical tensions and a weak dollar.

FAQs

How many Bitcoins does Strategy currently hold?

They hold 738,731 BTC, making them one of the largest corporate holders in the world.

How much did Strategy spend on BTC USD last week?

$1.28 billion to buy 17,994 Bitcoin.