Strategy Buys $2 Billion More Worth Of Bitcoin

Michael Saylor’s Strategy has acquired nearly $2 billion worth of Bitcoin as it continues to expand its holdings, the intelligence software company announced on Monday, February 24, 2025.

According to the February 24 announcement , the Virginia-based company acquired 20,365 BTC to its stockpile for an average of $97,514.

The company’s most recent acquisition brings their Bitcoin stockpile up to 499,096 total coins purchased for $33.1 billion at $66,357 per coin.

Strategy Continues Building Its Bitcoin Holdings

The purchase was funded by Strategy’s convertible bond sale last week as a component of its larger Bitcoin acquisition strategy.

Known as its “21/21” plan, the Saylor-led investment strategy will add $42 billion over the next three years to increase its crypto holdings.

Half of this amount will come from equity raises and the other half from fixed income securities.

“As a Bitcoin Treasury Company, we plan to use the additional capital to buy more bitcoin as a treasury reserve asset in a manner that will allow us to achieve higher BTC Yield,” Phong Le, President and Chief Executive Officer of Strategy (formerly MicroStrategy) said in an October 2024 statement.

Strategy, which began buying Bitcoin in 2020, most recently rebranded to
“Strategy” earlier this year, adopting a Bitcoin-friendly logo along with it.

Market Conditions and Institutional Interest

News of the company’s latest purchase comes amid growing institutional interest in the cryptocurrency, with several key traditional finance players exploring potential offerings of the coin.

Earlier this month, multinational investment firm BlackRock increased its stake in Strategy to five percent.

However, Bitcoin has seen a dip in price in recent weeks, with the cryptocurrency down nearly ten percent in the past month following its rally in light of the 2024 U.S. presidential election.

Political Developments in Cryptocurrency Space

U.S. President Donald Trump largely campaigned on enacting crypto friendly policies upon returning to the White House, establishing a crypto working group to explore regulatory frameworks in recent weeks.

Saylor himself has consistently advocated for increased Bitcoin adoption in the U.S., telling Bloomberg in a recent interview that he would be open to advising the Trump administration on developing digital asset policy in the U.S.

“I’m always willing to provide thoughts on constructive digital assets policy either in confidence or publicly, and if I’m asked to serve on some sort of digital assets advisory council , I probably would do so, yes,” Saylor said.

The Half-Million Bitcoin Milestone

Strategy’s approach to the symbolic 500,000 Bitcoin threshold represents more than a numerical milestone—it marks a psychological turning point for institutional cryptocurrency adoption .

At current prices, this holdings level represents over $40 billion in digital assets controlled by a company that once focused primarily on business intelligence software.

The company’s transformation into the largest corporate Bitcoin holder by orders of magnitude demonstrates how quickly corporate strategies can evolve in the digital asset space.

With Strategy’s holdings now larger than many central bank gold reserves, traditional financial institutions must consider the implications of a public company controlling such substantial Bitcoin wealth.

As Strategy closes in on this half-million mark, both cryptocurrency enthusiasts and traditional finance observers will be watching whether this concentration of ownership strengthens or challenges Bitcoin’s proposition as a decentralized store of value.

Frequently Asked Questions (FAQs)