MicroStrategy continues expanding its Bitcoin portfolio, reaching a total of 499,096 BTC. This is achieved through financing via convertible notes and other means.
Bitcoin Purchase and Financing
Between February 18 and 23, 2025, MicroStrategy acquired 20,356 BTC for $1.99 billion. To fund this acquisition, the company issued convertible senior notes totaling $2 billion, aiming to accumulate Bitcoin. These notes are convertible into Class A common stock and are due in 2030.
MicroStrategy's Bitcoin Accumulation Strategy
Since August 2020, MicroStrategy has been aggressively acquiring Bitcoin, making it a primary reserve asset. Notable purchases include 218,887 BTC in Q4 2024 and 20,356 BTC in February 2025. The company currently holds 499,096 BTC, accounting for 2.3% of Bitcoin's total supply cap.
Future Plans and Market Impact
Under the '21/21 Plan', MicroStrategy aims to raise $42 billion to further acquire Bitcoin. Despite a $670 million loss reported in Q4 2024, the company is committed to its investment strategy. The array of institutional investors includes 12 U.S. states, raising their total investment in MicroStrategy to $330 million by the end of 2024.
MicroStrategy continues its aggressive investment in Bitcoin, strengthening its market position. Despite financial losses, the company looks to the future with confidence, becoming a leader in institutional crypto interest.
