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Strategy Cements Its Ambitions with a Major Bitcoin Purchase

Mon 10 Feb 2025 ▪ 3 min read ▪ by Fenelon L.
Getting informed Bitcoin (BTC)

Strategy continues its accumulation strategy with the acquisition of 7,633 bitcoins for $742.4 million, bringing its total to 478,740 BTC. This major transaction comes after a brief pause in purchases by the company led by Michael Saylor.

A huge cart full of Bitcoin coins speeding towards a giant vault

A new strategic acquisition of Bitcoin

Strategy, the company formerly known as MicroStrategy, has just made a massive new purchase of bitcoin. It acquired 7,633 BTC at a price of $97,255 each, for a total amount of $742.4 million.

Michael Saylor, the CEO of the company, announced this news, as usual, on the social network X. The day before, he had already dropped a hint by posting a mysterious message: “Death to blue lines. Long live green dots.”, accompanied by his traditional graph tracking bitcoin acquisitions.

With this new acquisition, Strategy now holds 478,740 BTC. It is the largest bitcoin wallet among all companies in the world. On average, Strategy paid $65,033 for each of its bitcoins. This aggressive investment strategy reflects Michael Saylor’s deep conviction in the future of bitcoin.

A thoughtful investment despite mixed results

This new acquisition comes just days after the release of the fourth-quarter financial results, which revealed a net loss of $3.03 per share. Despite these disappointing figures, Strategy continues its aggressive accumulation strategy of bitcoin.

The funding for this purchase comes from the sale of shares and the issuance of perpetual preferred shares of Strike (STRK), as detailed in the company’s 8-K filing. Strategy has shown a BTC yield of 4.1% since the beginning of 2025, demonstrating the resilience of its investment strategy.

The company is thus strengthening its position in the crypto market, with a total investment of approximately $31.1 billion in bitcoin. This new acquisition confirms Strategy’s long-term vision and its unwavering confidence in the future of bitcoin, despite market fluctuations.

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Fenelon L. avatar
Fenelon L.

Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.