Michael Saylor, co-founder of Strategy (formerly MicroStrategy), hinted at a potential revival of Bitcoin purchases after a brief pause.
Recent Bitcoin Acquisitions
Earlier this month, Strategy successfully acquired 7,633 Bitcoin valued at approximately $742 million, indicating continued dedication to cryptocurrency accumulation.
New Bond Offering
On February 18, 2025, Strategy announced a significant financial maneuver with a $2 billion offering of convertible senior notes bearing 0% interest, set to mature in 2030. These funds will be used for additional Bitcoin acquisitions, reaffirming the firm's commitment to expanding its cryptocurrency holdings.
Company Strategy
Currently, Strategy boasts a remarkable portfolio of 478,740 Bitcoin valued at around $46 billion. Despite recent market volatility, Saylor's approach, which involves leveraging low-interest debt to enhance cryptocurrency assets, continues to attract institutional investor interest.
Saylor's hints at renewed Bitcoin purchasing activities suggest the company is poised to capitalize on market opportunities to strengthen its cryptocurrency stance.
