hodler

22 Feb 2026, 17:30

MSTR Stock Climbs 6% as Michael Saylor Teases 100th Bitcoin Purchase

MSTR shares closed at $131.05 on February 20 , after trading between $130.68 and $133.83. The move followed fresh signals from Michael Saylor that Strategy may soon expand its Bitcoin holdings again. Saylor referred to the coming era as “The Orange Century,” a phrase that reignited speculation about another large-scale purchase. The timing of his message stands out. Strategy recently completed its 99th Bitcoin acquisition. Will the next announcement mark the symbolic 100th buy? Recent Bitcoin Acquisition On February 17, Strategy disclosed that it had acquired 2,486 BTC for approximately $168.4 million. The company paid an average price of $67,710 per coin in that transaction. This purchase lifted total holdings to 717,131 BTC. Source: X Strategy has spent $54.52 billion to build that position, with an average acquisition cost of $76,027 per Bitcoin. The latest buy reinforces the company’s ongoing accumulation strategy, which has defined its balance sheet approach since 2020. Earlier in January, the firm purchased another 2,932 BTC between January 20 and January 25. That transaction cost roughly $264.1 million, with an average purchase price of $90,061 per coin, including fees and expenses. The contrast between January’s higher price and February’s lower entry point highlights recent volatility in the cryptocurrency market. Corporate Bitcoin Treasury Strategy Strategy, formerly known as MicroStrategy, has reshaped its corporate identity around Bitcoin. The firm positions BTC as its primary treasury reserve asset rather than treating it as a short-term investment. This approach separates it from traditional corporate treasury models that prioritize diversification across cash equivalents, bonds, and equities. Instead, Strategy concentrates capital into a single digital asset. That decision increases exposure to Bitcoin’s price movements. When Bitcoin rises, the company benefits from substantial balance sheet appreciation. When Bitcoin declines, pressure builds quickly. Saylor continues to frame Bitcoin as a long-term store of value. His latest reference to “The Orange Century” signals confidence in Bitcoin’s structural adoption. Markets now watch for confirmation. Will Strategy accelerate its pace again? Unrealized Losses And Market Position Despite aggressive buying, data shows that Strategy currently reports an unrealized loss of around $6.7 billion on its Bitcoin holdings. The company’s average cost basis of $76,027 per BTC exceeds current market levels, resulting in a paper drawdown of about 10.56%. This gap reflects broader market swings over recent months. Bitcoin has moved sharply in both directions, creating challenges for corporate holders with large, concentrated positions. Strategy has not reduced its exposure during this period. Instead, it has continued to deploy capital into BTC. As of February 17, 2026, Strategy owns 717,131 bitcoins. The company previously stated an average purchase price of $66,384.56 per coin, with a total cost of $33.139 billion under earlier accounting disclosures. Updated filings now reflect the expanded position and higher aggregate investment. Market Focus On The Next Move Investors now focus on what comes next. MSTR stock often tracks Bitcoin’s direction while also reflecting expectations about future purchases. Saylor’s messaging suggests continued accumulation rather than caution. If Strategy confirms another acquisition, it would mark the company’s 100th Bitcoin purchase since adopting BTC as its treasury reserve asset. That milestone would reinforce its status as the largest corporate holder of Bitcoin globally.

22 Feb 2026, 17:14

TAO Technical Analysis 22 February 2026: Support Resistance Levels and Market Commentary

TAO under downtrend pressure at the 175.70$ level; 166$ support is critical. Although the MACD bull signal provides hope, BTC weakness increases the risk.

22 Feb 2026, 17:08

Gemini slashes jobs, exits overseas markets as crypto rout forces strategic reset

More on Gemini Space Station, Inc. Gemini Space Station: Re-Rating Trigger Gemini Space Station: Predicting A Higher Price Bit Digital sees peak short interest among crypto firms with up to $2B market cap in mid-Feb Gemini Space Station stock slides as it parts ways with several executives Seeking Alpha’s Quant Rating on Gemini Space Station, Inc.

22 Feb 2026, 17:05

Bitcoin price may rebound to $85K as CME 'smart money' slashes shorts

Futures traders slashed bearish Bitcoin bets last month, a shift that preceded a 70% rally in 2025 and a 190% increase in the BTC price in 2023.

22 Feb 2026, 17:00

Bitcoin: Retail exits as whales deposit $43B – THIS zone is now a ‘buy’ corridor

Bitcoin’s $60K test reveals thinning retail supply and rising stablecoin absorption are reshaping market depth.

22 Feb 2026, 17:00

XRP Realized Losses Spike To New 3-Year High — What Happened Last Time?

The price of XRP has been relatively calm throughout February, especially following an early-month descent to just above $1.1. Hovering around $1.4, the second-largest altcoin has struggled to continue its recovery to around the $2 mark. However, it appears the altcoin’s struggles might not last for long, especially if history repeats itself over the next few months. According to the latest on-chain data , XRP has surpassed a threshold that has coincided with a period of extended rally in the past. XRP Price Surged 114% After Last Realized Loss Spike In a February 21st post on the social media platform X, Santiment shared that XRP investors are realizing their losses at a rate not seen in nearly four years. The blockchain firm revealed that the volume of realized losses climbed to approximately 908 million in the past week. As Santiment explained in its post, these significant realized losses occur when a large number of investors sell their coins at a price lower than what they originally paid. Typically, this period coincides with the peak of market fear, where investors panic-sell their holdings for a loss instead of holding on and hoping for a rebound. However, a spike in realized losses can be a relevant positive signal, as it has been for the price of XRP in the past. This trend implies that a significant percentage of the weak hands have left the market, with much of the damage already done. From a historical perspective, a surge in realized losses has often preceded market bottoms. When the previous weekly milestone of 1.93 billion in realized losses occurred in 2022, the altcoin’s value witnessed an over 114% surge in the following eight months. Santiment wrote in the X post: This is because extreme fear tends to peak before price does. Once sellers are exhausted, even a small amount of new buying pressure can push prices higher. That does not guarantee an immediate rally, but it increases the probability of a bounce. Nevertheless, it is worth mentioning that Ripple’s partial victory in its case against the United States Securities and Exchange Commission played a role in XRP’s 2023 surge. As shown in the chart below, the altcoin’s price appears to be seeing some bullish momentum since the notable realized loss spike. XRP Price At A Glance As of this writing, the price of XRP stands at around $1.44, reflecting a 1% jump in the past 24 hours. An over 100% upswing from the current price point would see the altcoin return to around $3.