Michael Saylor announced that Strategy has acquired 7,633 more BTC for approximately $742.4 million at $97,255 per Bitcoin.
Key BTC Acquisition Highlights
Michael Saylor’s announcement regarding Strategy’s Bitcoin buying spree highlights a significant addition to their holdings. This purchase allows Strategy to hold 478,740 BTC, acquired for approximately 31.1 billion at $65,033 as of February 10, 2025.
This move occurred after a brief pause in Bitcoin purchases and marks the company’s first major acquisition since it rebranded from Microstrategy to Strategy on February 5, 2025.
The funds for this purchase were generated through strategic stock sales and preferred stock offerings. Saylor hinted at his resumption on social media before the official announcement, signaling his continued optimism about Bitcoin despite market fluctuations.
Strategy achieved a 4.1% Bitcoin yield YTD from January 1 to February 9, 2025. This key performance indicator represents the percentage change in the ratio between its BTC holdings and the assumed diluted shares.
As part of a broader trend, Michael Saylor’s continuous investment in Bitcoin confirms his conviction in its long-term value. It aligns with broader patterns of institutional uptake and regulatory clarity driving the crypto market bull run in 2025.
Strategy’s aggressive buying strategy positions it as a leader in corporate Bitcoin reserves.
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