Strategy, formerly known as MicroStrategy, has expanded its Bitcoin holdings by purchasing 20,356 BTC for $1.99 billion, supporting its long-standing cryptocurrency accumulation strategy.
MicroStrategy's Bitcoin Accumulation Strategy
MicroStrategy began accumulating Bitcoin in August 2020 and has aggressively pursued this strategy. Notable purchases include 218,887 BTC for $20.5 billion in Q4 2024 and the latest acquisition of 20,356 BTC in February 2025. The company's current holdings total 499,096 BTC, accounting for 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 convertible senior notes as part of its '21/21 Plan,' aiming to raise $42 billion for further Bitcoin acquisitions. Despite a net loss of $670 million in Q4 2024, MicroStrategy remains committed to its strategy.
Unrealized Gains and Institutional Investment
MicroStrategy currently holds unrealized gains over $14.8 billion with its Bitcoin treasury. Institutional investors, such as pension funds from 12 U.S. states, have also invested $330 million in MicroStrategy stock by the end of 2024.
With co-founder Michael Saylor's enthusiastic support, MicroStrategy continues to promote Bitcoin actively, planning significant investments to expand its crypto assets, despite financial and political challenges on the horizon.