Catenaa, Tuesday, February 12, 2025 – Strategy, the company formerly known as MicroStrategy, has resumed its aggressive Bitcoin accumulation, purchasing 7,633 BTC for $742.4 million after a brief pause, according to executive chairman Michael Saylor.
With this latest acquisition, Strategy now holds 478,740 BTC, surpassing 2% of Bitcoin’s total 21 million supply. The company paid an average price of $97,255 per Bitcoin, while BTC is currently trading near $97,110.
Despite several consecutive unprofitable quarters, Strategy’s stock continues to soar, having posted 477% gains in 2024. The firm was recently added to the Nasdaq-100, prompting major ETFs to increase exposure to its shares.
Over one-third of Strategy’s Bitcoin purchases have come since Donald Trump’s re-election, amid expectations of pro-crypto policies. Trump has vowed to deregulate the crypto industry and promote domestic innovation, fueling optimism among investors.
The digital asset industry has spent $119 million on U.S. elections to push for regulatory clarity and counter alleged government overreach. Saylor, a longtime Bitcoin advocate, remains committed to leveraging corporate debt to expand the company’s BTC holdings, reinforcing its status as the largest corporate Bitcoin holder.
