Strategy Expands Bitcoin Holdings to 478,740 BTC with $742M Purchase

Highlights:

• Michael Saylor’s Strategy acquired 7,633 BTC for $742 million, bringing its total holdings to 478,740 BTC.
• The purchase was funded by selling common and preferred shares, generating over $742 million.
• The firm aims to raise $42 billion by 2027 for future Bitcoin acquisitions.

Following a brief break, software intelligence firm Strategy, earlier known as MicroStrategy, is back to buying Bitcoin again. Between February 3 and 9, the firm bought 7,633 BTC for $742 million at $97,255 per Bitcoin. The firm currently owns 478,740 BTC, which, at current prices, is valued at about $46 billion.

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$MSTR has acquired 7,633 BTC for ~$742.4 million at ~$97,255 per bitcoin and has achieved BTC Yield of 4.1% YTD 2025. As of 2/09/2025, @Strategy holds 478,740 $BTC acquired for ~$31.1 billion at ~$65,033 per bitcoin. https://t.co/rIftxRX2Zr

— Michael Saylor⚡️ (@saylor) February 10, 2025

Strategy Expands Bitcoin Reserves

In the press release, the firm resorted to the sale of the stock and used the amount from the proceeds to finance the purchase. The firm gained approximately $179 million by offering 516,413 of the Class A common stock. It also obtained $563 million from the public offering of 7,300,000 preferred shares at $80 per share. As of February 9, $4.17 billion in shares are still available to be used for future sales.

Currently, the firm holds $31 billion worth of Bitcoin at an average price of $65,033 per Bitcoin. At the moment, Strategy controls over 2.2% of Bitcoin’s total supply. The bid comes after a lack of buying activities for one week because of the earnings statement of the company. 

Michael Saylor, the executive chairman of MicroStrategy had indirectly pegged the probability of the acquisition before it was announced. He provided an update on the firms’ Bitcoin tracker, saying, “Death to the blue lines.” Long live the green dots.”

Death to the blue lines. Long live the green dots. pic.twitter.com/SOtFHRoykd

— Michael Saylor⚡️ (@saylor) February 9, 2025

Stock Performance and Financial Strategy

After the purchase of Bitcoin, there was a 2% upsurge in the price of stock, in the pre-market trading. With this, the stock has risen to over 15% for the year. Nasdaq data shows that it has posted gains after declining at the end of 2023. In addition, it also updated its annual Bitcoin yield forecast to a minimum of 15% for the year 2025.

Through the expansion of the authorized capital, the firm has been actively seeking funds to buy Bitcoins intensively. Shareholders recently authorized the number of Class A common shares from 330 million to 10.3 billion and preferred stock from 5 million to 1 billion. This is therefore in line with the Bitcoin treasury management strategy with a view to hold $42 billion by 2027.

Strategy’s Future Bitcoin Plans

Saylor’s Strategy is already in the process of executing $42 billion out of which it has achieved $20 billion. The firm stays on top of the financial plan to secure additional funds to be used in acquiring Bitcoin. Its recent change of the name to “Strategy” underlines this commitment. The new logo with the Bitcoin symbol helps emphasize its position as a Bitcoin treasury company.

New ₿rand, Same Strategy pic.twitter.com/r1LD5FdEjJ

— Michael Saylor⚡️ (@saylor) February 5, 2025

The firm recorded a net loss of $670.8 million during the Q4 of the year 2024. Year-over-year the total operational expense grew by 693% to reach $1.1 billion. Impairment losses for the year included over $1 billion attributable to Bitcoin. However, the company is still keen on increasing its holdings of Bitcoin.

Saylor’s Strategy’s recent acquisition implies further purchases in the coming weeks. Strategy’s capital-raising plan allows for more investment in the future as the firm strives to continue being the pioneer in corporate Bitcoin adoption.

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