Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Strategy Cements Its Ambitions with a Major Bitcoin Purchase

Strategy Cements Its Ambitions with a Major Bitcoin Purchase

CointribuneCointribune2025/02/11 01:55
By:Cointribune

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.

Strategy Cements Its Ambitions with a Major Bitcoin Purchase image 0 Strategy Cements Its Ambitions with a Major Bitcoin Purchase image 1

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.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like