Strategy, formerly known as MicroStrategy, has expanded its Bitcoin assets once again. Between February 18 and February 23, 2025, the company acquired approximately 20,356 BTC for $1.99 billion in cash.
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. Notable purchases include 218,887 BTC for $20.5 billion in Q4 2024 and 20,356 BTC for $1.99 billion in February 2025.
21/21 Plan and Future Purchases
The major $2 billion bond offering is part of the ambitious '21/21 Plan.' The goal is to raise $42 billion over three years for further Bitcoin acquisitions.
Unrealized Gains and Institutional Investment
With nearly 500,000 BTC in its treasury, MicroStrategy has an unrealized gain of more than $14.8 billion. Additionally, pension funds from 12 U.S. states hold the company's stock, totaling $330 million in investments.
MicroStrategy continues to aggressively increase its Bitcoin holdings, with the company committed to further growth despite reporting a $670 million net loss.
