MicroStrategy continues to expand its Bitcoin reserves using debt instruments. This strategy is attracting major institutional investors.
MicroStrategy's Bitcoin Investments
Renamed as Strategy in March, MicroStrategy actively invests in Bitcoin. In February 2025, they purchased 7,633 BTC worth $742 million. Currently, Strategy holds 478,740 Bitcoin, valued at approximately $46 billion as of late March 2025.
Support from Major Institutional Investors
Major institutions trust Strategy's model. BlackRock, the largest asset manager globally, holds a 5% stake in Strategy. Twelve U.S. states have invested in the company through pension or treasury funds.
Debt Strategy and Its Implications
Strategy actively uses debt instruments, like convertible notes, for funding further Bitcoin acquisitions. Its recent $2 billion offering allows the firm to avoid equity dilution while maintaining its position as the largest corporate Bitcoin holder.
Saylor's debt strategy and institutional investments continue to solidify Strategy's position in the Bitcoin market, despite mixed reactions from critics.