Strategy Buys $40M Bitcoin Dip as Miner Bitdeer Sells Holdings for AI Pivot

Strategy Deepens Bitcoin Bet With $39.8M Purchase

Strategy (MSTR) reinforced its bullish stance on Bitcoin, acquiring an additional 592 BTC for $39.8 million in cash. The purchase, completed on February 23, 2026, marked the company's 100th Bitcoin acquisition since it began its treasury strategy in 2020. The transaction occurred at an average price of $67,286 per coin, demonstrating the firm's continued execution of buying during price declines. This consistent accumulation further solidifies Strategy's position as a corporate proxy for Bitcoin investment, tying its stock performance directly to the digital asset's value.

Miner Bitdeer Sells 1,133 BTC to Fund AI Expansion

In a contrasting move, mining company Bitdeer liquidated its entire corporate Bitcoin treasury. According to its operational report from February 20, 2026, the firm sold 189.8 newly mined BTC along with 943.1 BTC from its reserves, reducing its net holdings to zero. This atypical sale for a mining firm directly precedes a major strategic shift. On February 19, Bitdeer announced plans to raise $300 million through convertible senior notes to fund the expansion of its data centers and the development of AI-based cloud solutions. The decision signals a broader industry trend where miners are leveraging their energy and computing infrastructure to diversify into the high-performance computing sector post-halving.