On February 10, 2025, Strategy, formerly known as MicroStrategy revealed a fresh whale Bitcoin (BTC) acquisition. The business that Michael Saylor co-founded has added $742.4 million or 7,633 BTC to its digital currency fund. The numbers corresponded to an average of $97,225 per Bitcoin at the time of the transactions, which took place between February 3 and February 9.
The most recent acquisitions increase Strategy’s total Bitcoin holdings to 478,780 BTC. At an average dollar cost of $65,046.16, it has already invested over $31.1 billion in its Bitcoin holdings since August 2020. With the most recent changes, Strategy’s Bitcoin yield is now 4.1% for the year.
Sources of Funding
A portion of the funding for Strategy’s most recent round of Bitcoin purchases came from the 516,413 shares that were sold under a Sales Agreement between February 3 and February 9, which came to $179 million less sales commission, according to the company’s Form 8-K filing to the US Securities and Exchange Commission (SEC). The Bitcoin development business still had $4.17 billion worth of shares available for issuance and sale as of February 9.
The remaining funds were obtained through the 7.3 million shares of the company’s Series A Perpetual Strike Preferred Stock, which were offered for sale at a price of $80.00 each. After deducting discounts, commissions, and fees, the figures add up to $563.4 million.
Subtle Hints Before The Announcement
Saylor’s usual Sunday publishing of Strategy’s portfolio tracker precededMicroStrategy Revealed Bitcoin Acquisition whale deal. He has recently been employing this tactic as a subliminal indication that his business is getting ready to make a big statement about buying Bitcoin.
It should be mentioned that the company’s executive chairman refrained from commenting on the tracker in issue the week before since Strategy had not made any public announcements regarding the Bitcoin acquisition. Instead, the company’s biggest statement at the time was that it had changed its name from Micro Strategy to Strategy.
The Bitcoin symbol is now incorporated into the company’s updated logo as part of its new branding. According to a news release from last week, the change is intended to represent the company’s ‘natural evolution, representing its focus and broad appeal.’ its distinct position in the market as the ‘world’s first and largest Bitcoin Treasury company,’ which is currently a part of the Nasdaq 100, is represented by the superscript indicating the Bitcoin symbol.
Strategy still uses ‘MicroStrategy Incorporated’ in its Securities and Exchange Commission (SEC) business registration and trades on the Nasdaq with the ticker symbol MSTR, despite its changed name.
Also Read: MicroStrategy Boosts Bitcoin Holdings
About Strategy
MicroStrategy is a business intelligence organization that was founded in the 1990s. While MSTR has an operational software organization, the value is mostly dependent on its Bitcoin treasury. MicroStrategy offers reports, analytics, and dashboards to assist companies and help them make informed decisions. It provides real-time performance monitoring services as well as predictions through machine learning.
