MicroStrategy continues its Bitcoin accumulation strategy with a recent significant BTC purchase.
MicroStrategy's Bitcoin Accumulation Strategy
MicroStrategy began accumulating Bitcoin in August 2020, becoming the first publicly traded company to adopt Bitcoin as a primary reserve asset. Since then, the company has aggressively pursued Bitcoin acquisitions. Notable purchases include 218,887 BTC for $20.5 billion in Q4 2024 and 20,356 BTC for $1.99 billion in February 2025. MicroStrategy now holds 499,096 BTC, representing 2.3% of Bitcoin's total supply and 2.5% of its circulating supply.
21/21 Plan and Future Purchases
The $2 billion note offering is part of the ambitious '21/21 Plan' to raise $42 billion for further Bitcoin acquisitions. To date, MicroStrategy has secured $20 billion of this target. Despite a reported $670 million net loss in Q4 2024, the company remains committed to its long-term Bitcoin accumulation strategy.
Unrealized Gains and Institutional Investments
With nearly 500,000 BTC in its treasury, MicroStrategy has unrealized gains of over $14.8 billion. Additionally, 12 U.S. states hold MicroStrategy stock in their pension funds or treasuries, with total investments reaching $330 million by the end of 2024.
Under Michael Saylor's leadership, MicroStrategy continues to promote Bitcoin as a strategic reserve asset. Despite potential political obstacles, the company is determined to execute its Bitcoin accumulation strategy.
