On February 2, 2026, Strategy disclosed the purchase of 855 BTC for about $75.3 million at an average $87,974 per coin. As of February 1, 2026, the company reports holding 713,502 BTC, acquired for roughly $54.26 billion at an average $76,052 per bitcoin.

As Bitcoin’s price slipped below $75,000, Michael Saylor’s company Strategy moved into an unrealized loss of more than $900 million on its 712,647 BTC, acquired at an average of $76,037 per coin. Despite the drawdown and a daily low under $75,000, Strategy’s stock MSTR closed 4.6% higher at $149.71 while analysts noted the firm’s holdings face no immediate liquidation risk.

On Monday, Bitcoin dropped below $75,000 to its weakest level since April 2025 amid a sharp, cross-asset sell-off. According to market data, natural gas plunged 15.5% in a single day, while silver fell 8% and gold slid 5.5%, with Bitcoin down about 13% over the past week and roughly 40% from its October 2025 peak. The downturn has wiped out hundreds of billions from crypto valuations in two weeks, as analysts point to liquidity and leverage rather than a single macro catalyst.

On February 1, 2026, Jim Cramer said buyers would "come in all at once" to push Bitcoin toward $82,000 while it hovered near $77,000. Within hours, BTC slipped below $77,000 and then under $76,000, according to recent price data. Later charts showed $78,051.62, with daily, weekly, and monthly declines of 0.3%, 11.1%, and 13%.

After Bitcoin plunged to a new low around $76,000 on January 31, 2026, analyst Tyrex argued that the move confirmed a bearish breakout and advised traders not to go long. He compared the latest drawdown to previous structural breaks in May 2021, May 2022, and June 2022, saying a swift rebound toward $85,000 is unlikely. Tyrex instead expects further downside toward the $75,400 zone and highlights $74,000 as a key but potentially fragile weekly support, roughly mirroring a major level near $2,100 on Ethereum.

A severe winter storm in the US between 23 and 25 January drove a roughly 40% drop in Bitcoin hashrate, with about 455 EH/s going offline as many miners shut down operations. Large mining firms in Texas used demand-response and curtailment programs to free grid capacity, slowing block times to around 12 minutes but underscoring Bitcoin mining's role as a flexible energy load.

On February 1, 2026, Jim Cramer posted on X that Bitcoin near $77,000 could attract buyers and climb back to $82,000. He later cautioned against treating a Monday bounce as a double bottom, suggested shorts might be pressuring Michael Saylor, and pointed to a short‑term floor no lower than $73,000 after BTC slipped under $80,000 and neared $70,000.

According to Polymarket odds, traders assign a 71% chance that Bitcoin will trade under $65,000 at some point in 2026 while the asset sits near $75,000 after a weekend slide. Analysts highlight $62,000–$65,000 as pivotal support, and US spot Bitcoin ETF holders are largely underwater with average entries around $87,830 amid recent multi‑billion‑dollar outflows.