Business Intelligence software company Strategy, Previously known as micro strategy, Monday announced a Bitcoin purchase of almost $ 2 billion and added 20,365 bitcoin to his treasury at an average price of $ 97,514 per coin.
The move was telegraphed last week when the company announced its intentions to sell $ 2 billion in zero-coupon convertible bonds. Strategy said it would use the proceeds to buy more Bitcoin as part of the “21/21” plan, where the company intends to collect $ 42 billion in the coming three years to get more of the largest crypto assets buy.
Michael Saylor, the founder and executive chairman of the company, announced this morning the conclusion of the $ 2 billion convertible notes.
The most recent purchase, the largest so far in 2025, brings the Bitcoin holdings of the company to 499,096, around $ 47 billion at the current prices. That is almost 2.4% of the Bitcoin offer – more than one of being publicly traded colleagues.
However, that brand falls far under Saylor’s Recent suggestion The fact that the United States must brag 20% of the offer, and adds that possessing 4-6 million bitcoin means that the country “can pay off the entire national debt”.
However, some are not convinced of that, with author and crypto -skepticus David Gerard tell Decrypt Last week that there is “no plausible reason” that claim would be true, and add that Saylor “argues for US government prize support for Bitcoin and that’s all.”
Regardless of whether or not the United States is buying, Saylor has indicated that he has no plans to delay, which rather suggests that he would be “Buy the top forever” While they compare the purchase of Bitcoin with that of the property in Manhattan.
“Every time the real estate in Manhattan increases in value, they issue more debts to develop more real estate,” Saylor told CNBC Money Movers in December.
The strategy has so far worked for the company, which has so far increased more than $ 14 billion on its Bitcoin purchases, According to data from Saylortracker.
The market did not respond positively to the latest Bitcoin purchase, because MSTR today fell by 2.37%, which extended the losses in the past month to 17% against a share price of $ 292.06.
Bitcoin itself has fallen by 0.8% for the past 24 hours to $ 94,702, about $ 3,000 lower than the average price of the strategy compared to the last purchase.
Published by Andrew Hayward
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