The company’s total Bitcoin stash now stands at 499,096 BTC, acquired at an average price of $66,357 per coin, bringing its total valuation to around $33.1 billion.
By Chimamanda U. Martha
Edited by Marco T. Lanz
Updated
3 mins read
Strategy, a publicly traded business intelligence firm owned by Michael Saylor, has further strengthened its Bitcoin BTC $84 335 24h volatility: 3.6% Market cap: $1.67 T Vol. 24h: $28.19 B holdings with a new acquisition worth approximately $2 billion.
The company announced today that it purchased 20,356 BTC between February 18 and 23, 2025, with the transaction finalizing on February 24. According to the firm, the average purchase price per Bitcoin stood at around $97,514, and the acquisition was made entirely in cash.
Strategy revealed that the latest Bitcoin purchase was funded through proceeds from its recently concluded convertible notes offering. The offering, which closed on February 21, successfully raised $2.0 billion, featuring a 35% conversion premium based on the price of the company’s Class A common stock.
Additionally, the deal includes an option allowing initial purchasers to acquire an extra $300 million in convertible notes until February 27, 2025.
Since embracing Bitcoin as part of its corporate strategy in 2020, the company previously known as MicroStrategy, has consistently expanded its BTC reserves. The latest announcement highlighted that the firm has achieved a year-to-date (YTD) yield of 6.9% on its Bitcoin holdings.
Strategy has acquired 20,356 BTC for ~$1.99B at ~$97,514 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 2/23/2025, we hodl 499,096 $BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin. $MSTR https://t.co/mNWDaXRE7N
— Michael Saylor⚡️ (@saylor) February 24, 2025
Following this acquisition, Strategy now possesses a total of 499,096 BTC, obtained at an average cost of $66,357 per Bitcoin, factoring in fees and related expenses. The estimated total value of its Bitcoin stash is approximately $33.1 billion.
With this holding, Strategy continues to maintain its position as the largest corporate holder of Bitcoin among publicly traded companies worldwide.
In its official press release, Strategy clarified that it did not issue any shares last week. This suggests that the firm may not continue its recent pattern of acquiring Bitcoin on a weekly basis, a strategy it has followed since late last year. However, this is not the first instance of the company pausing its Bitcoin purchases.
As previously reported by Coinspeaker, Strategy temporarily halted its Bitcoin buying strategy twice this month after being unable to sell its shares for two consecutive rounds. On February 18, the company’s founder Saylor confirmed that no sales of its Class A common stock had taken place between February 14 and 18.
Meanwhile, Strategy’s early move into Bitcoin has paved the way for increased institutional adoption of the digital asset. In 2024, Tokyo-listed financial services firm Metaplanet announced that it was following in Strategy’s footsteps by incorporating Bitcoin as a strategic reserve asset.
At the time, Metaplanet described itself as the “MicroStrategy of Japan” and has since emerged as the largest corporate Bitcoin holder in the Asian market.
More recently, Coinspeaker reported that Altvest Capital became the first company in Africa to adopt Bitcoin as a reserve asset. The firm made an initial purchase of just one BTC as a way to explore the market.
Beyond these firms, other companies are also joining the Bitcoin movement. In January, Canadian-based Rumble announced its entry into the space. CEO Chris Pavlovski emphasized that the company’s first Bitcoin acquisition was just the beginning, signaling long-term commitment to the crypto sector.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Chimamanda is a crypto enthusiast and experienced writer focusing on the dynamic world of cryptocurrencies. She joined the industry in 2019 and has since developed an interest in the emerging economy. She combines her passion for blockchain technology with her love for travel and food, bringing a fresh and engaging perspective to her work.
