Michael Saylor has once again sparked speculation of another Bitcoin acquisition after posting “99 > 98” on social media, a message widely interpreted as a signal that his company may be preparing its next buy.
Key Takeaways:
The company’s average purchase price is approximately $76,056 per BTC.
Saylor’s post suggests a potential additional acquisition.
Strategy remains the largest public corporate Bitcoin holder.
The hint comes as Strategy’s Bitcoin holdings stand at 714,644 BTC, valued at approximately $50.28 billion. With Bitcoin currently trading around $69,664, the company remains one of the largest corporate holders globally.
99>98 pic.twitter.com/BsTEvhbc9v
— Michael Saylor (@saylor) February 15, 2026
Massive Treasury Position
Strategy’s Bitcoin reserve has grown steadily through aggressive accumulation cycles. According to recent data, the company’s holdings total 714,644 BTC across 98 purchase events.
The firm’s average acquisition price of roughly $76,056 places its aggregate position slightly underwater at current market levels. However, Strategy has historically used price drawdowns as opportunities to expand its balance sheet exposure.
The firm’s Bitcoin holdings are currently valued near $50.28 billion, reflecting both the scale and concentration of its treasury strategy.
Reading the “99 > 98” Signal
Saylor has developed a pattern of signaling impending purchases with cryptic posts ahead of official announcements. The “99 > 98” message has been interpreted as a possible reference to a forthcoming 99th purchase event.
Previous signals have often preceded formal filings disclosing additional Bitcoin acquisitions funded through convertible notes, equity offerings or cash reserves.
If another purchase is confirmed, it would reinforce Strategy’s long-standing conviction that Bitcoin remains a superior treasury reserve asset.
Market Context
Bitcoin is trading at approximately $69,664, positioning it below Strategy’s reported average cost basis.
Historically, Saylor has demonstrated willingness to accumulate both during rallies and periods of weakness. The company’s dual approach – capital markets fundraising combined with open-market BTC purchases – has made it a dominant corporate force within the ecosystem.
Investors will now monitor regulatory filings and corporate disclosures for confirmation of any new acquisition.
If Strategy does execute another purchase, it would further tighten available liquid supply and reinforce its position as the largest publicly traded corporate Bitcoin holder in the world.
