Strategy “Buy” Signal Hits After Bitcoin Slips Under $76,040 Cost Basis

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Michael Saylor hinted at a new buy after Bitcoin slipped under $76,040, a level tied to the firm’s average cost.

He posted “More Orange” on Sunday on X, alongside a chart that tracks Strategy Bitcoin holdings since August 2020.

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The “Michael Saylor More Orange” post appeared after the Bitcoin weekend crash pushed price down to $75,892.

Bitcoin later rebounded to $76,765, moving back above the Bitcoin cost basis $76,040 cited in the report.

Strategy remains the largest Bitcoin treasury company in the report. The company’s published purchases page lists 712,647 BTC and an average acquisition cost of $76,037, with total acquisition cost shown as $54,188 million.

https://x.com/saylor/status/2017963281856545191
https://x.com/saylor/status/2017963281856545191

Bitcoin cost basis $76,040 comes into focus as Strategy buy pattern resurfaces

Bitcoin fell from about $87,970 to $75,892 over the weekend move cited in the report. That drop briefly placed Bitcoin below the Bitcoin cost basis $76,040 referenced for Strategy.

The report said the move briefly pushed Strategy’s Bitcoin position into the red on a cost basis view. Then Bitcoin rebounded to $76,765, which pulled price back above the cited cost level.

The report also linked the timing to prior accumulation this year. It said the hinted buy would mark a fifth 2026 purchase, and it pointed to the largest buy on Jan. 20, when Strategy bought 22,305 Bitcoin.

Separate coverage of that January buy also reported Strategy’s then total holdings and average price figures.

Kevin Warsh Fed chair nominee headline hits crypto sentiment as Crypto Fear and Greed Index 14 prints

The report tied the selloff to a policy headline from Donald Trump. It said Trump nominated Kevin Warsh to replace Jerome Powell as Federal Reserve chair on Friday.

It said Warsh has spoken favorably about Bitcoin, while markets have also described him as a more hawkish pick.

The same report said gold and silver fell by double digits after the announcement, and it said the S&P 500 slipped about 0.43%.

Crypto sentiment weakened during the same stretch. The report cited Changpeng Zhao saying he is now “less confident” about the “Bitcoin supercycle” he predicted last month, during a stream on Binance Square.

It also said the Crypto Fear and Greed Index fell six points to 14 out of 100 on Sunday.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

Tatevik Avetisyan
Tatevik Avetisyan
Editor at Kriptoworld
LinkedIn | X (Twitter)

Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.

📅 Published: February 2, 2026 • 🕓 Last updated: February 2, 2026

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