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After a brief pause, Strategy, formerly known as MicroStrategy, has recommenced its Bitcoin purchasing activities. Co-founder Michael Saylor announced on February 10, 2025, that the company acquired approximately 7,633 Bitcoins between February 3 and 9, investing around $742 million at an average price of $97,255 per coin.
This latest acquisition brings Strategy’s total Bitcoin holdings to 478,740 BTC, valued at approximately $46 billion based on current market prices. The company has invested about $31 billion in Bitcoin, averaging $65,033 per coin.
The funding for this recent purchase was sourced from the sale of Class A common stock and proceeds from a preferred stock offering. According to a recent SEC filing, Strategy sold 516,413 shares of its Class A common stock last week, generating approximately $179 million in net proceeds. As of February 9, about $4.17 billion worth of shares remain available for future issuance and sale. Additionally, the company completed a public offering of 7,300,000 preferred shares at $80.00 per share on February 5, yielding an estimated $563 million in net proceeds.
This move aligns with Strategy’s ongoing plan to raise $42 billion by 2027 to fund further Bitcoin acquisitions. The company aims to raise $21 billion through equity and an additional $21 billion via fixed-income instruments, including debt and convertible notes.
Michael Saylor had previously hinted at the resumption of Bitcoin purchases. On February 9, he shared a Bitcoin tracker on social media, suggesting imminent acquisition activity.
Strategy’s aggressive Bitcoin accumulation strategy has been a focal point of its corporate strategy since 2020. The company continues to leverage capital markets to fund its Bitcoin purchases, reinforcing its commitment to the cryptocurrency as a primary treasury reserve asset.
