Bitcoin Reclaims Strategy’s 2026 Cost Basis of $78,900, Analyst Says

The distinction between Strategy's headline average cost and the higher blended cost of its recent purchases is the real story: reclaiming one threshold does not resolve the other, so the position remains mixed rather than cleanly profitable. This matters most for observers tracking how large corporate holders behave when part of their book sits underwater, since resumed buying after a pause signals conviction despite that gap. Whether the company keeps adding at these levels, and whether the blended cost gap narrows, is the open question worth watching.