Strategy, previously known as MicroStrategy, continues to increase its Bitcoin holdings with a recent purchase of 20,356 BTC for $1.99 billion.
Strategy's Bitcoin Accumulation Approach
Strategy began accumulating Bitcoin in August 2020, becoming the first publicly traded company to adopt Bitcoin as a primary treasury reserve. Since then, it has aggressively acquired the cryptocurrency. Notable purchases include 218,887 BTC for $20.5 billion in Q4 2024. The company now holds 499,096 BTC, representing 2.3% of Bitcoin's total supply cap and 2.5% of its circulating supply.
21/21 Plan and Future Bitcoin Acquisitions
The company's '21/21 Plan' aims to raise $42 billion over three years to acquire more Bitcoin. To date, it has secured $20 billion using convertible notes and debt financing. Despite reporting a $670 million net loss in Q4 2024, Strategy remains committed to long-term Bitcoin accumulation.
Unrealized Gains and Institutional Investments
According to SaylorTracker, with nearly 500,000 BTC in its treasury, Strategy has unrealized gains of over $14.8 billion. Additionally, 12 U.S. states hold Strategy stock in their state pension funds or treasuries, with total investments reaching $330 million by the end of 2024.
Strategy continues to purchase Bitcoin despite financial setbacks, reaffirming its long-term strategy of cryptocurrency accumulation as a key asset for its treasury.
