Bitcoin Price Dips Below Strategy Cost this Morning, "Taps Out" at $75,719.9
Feb 1st — Per HTX market data, Bitcoin briefly dipped below $76,000 this morning, hitting a needle-like intraday low of $75,719.9. It has since rebounded to around $79,000, with its 24-hour decline narrowing to 6.24%. This drop briefly fell below the strategy’s average cost basis. As of January 25, 2026, the strategy reportedly holds 712,647 BTC total, with an aggregate acquisition cost of approximately $54.19 billion — translating to an average cost of roughly $76,037 per BTC.
That dip below cost basis is a classic volatility play—reminds me of those 2022 lows when BTC tested supports hard. Holding steady at 712k BTC shows conviction, though. Markets love to fake out holders.