MicroStrategy has once again increased its Bitcoin reserves by acquiring approximately 20,356 BTC for $1.99 billion in February 2025. This is part of the company's ongoing strategy to bolster its cryptocurrency holdings.
MicroStrategy's Bitcoin Accumulation Strategy
Since August 2020, MicroStrategy has actively been accumulating Bitcoin, becoming the first publicly traded company to adopt it as a primary treasury reserve asset. Notable purchases include Q4 2024: 218,887 BTC for $20.5 billion, and February 2025: 20,356 BTC for $1.99 billion. Currently, the company holds 499,096 BTC, which represents 2.3% of Bitcoin's total supply cap and 2.5% of its circulating supply.
21/21 Plan and Future Bitcoin Purchases
The company issued $2 billion in notes as part of its ambitious '21/21 Plan,' aiming to raise $42 billion over the next three years to acquire more Bitcoin. Despite a $670 million net loss in Q4 2024, the commitment to long-term Bitcoin accumulation remains strong.
Unrealized Gains and Institutional Investment
With nearly 500,000 BTC in its treasury, MicroStrategy boasts unrealized gains exceeding $14.8 billion, as per SaylorTracker. Additionally, 12 U.S. states now hold MicroStrategy stock in their pension funds or treasuries, with investments totaling $330 million by the end of 2024, according to CoinTelegraph.
MicroStrategy's entrepreneurial strategy of accumulating Bitcoin continues to attract attention and engagement from institutional investors. The future of their '21/21 Plan' may significantly impact the cryptocurrency market.
