Michael Saylor, co-founder of Strategy (formerly MicroStrategy), has suggested that the company is considering another significant Bitcoin purchase following a brief pause in acquisitions.
A recent chart post by Saylor indicates that Strategy is preparing to increase its already substantial Bitcoin holdings. On February 10, the company acquired 7,633 Bitcoin for over $742 million, bringing its total holdings to 478,740 BTC. According to data from SaylorTracker, the firm’s Bitcoin holdings are now valued at over $46 billion, reflecting a 47.7% gain on its investment.
Saylor has previously stated that the company plans to expand its use of “intelligent leverage” in the first quarter of 2025 to finance additional Bitcoin purchases, solidifying its position as the largest corporate holder of BTC.
Despite ongoing skepticism about the sustainability of its aggressive Bitcoin strategy, major financial institutions continue to increase their exposure to Strategy. A recent SEC filing on February 6 revealed that BlackRock, the world’s largest asset manager with $11.6 trillion in assets, has raised its stake in Strategy to 5%. This move came just a day after the company officially rebranded and introduced a Bitcoin-focused marketing approach.
Furthermore, institutional interest in Strategy extends beyond Wall Street, as government entities across 12 U.S. states, including California, Texas, Florida, and Illinois, hold shares of the company as part of pension or treasury funds. This broad institutional backing highlights growing confidence in Strategy’s Bitcoin-centric business model, despite the risks associated with such a bold investment approach.
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