cryptonewsz.com
Michael Saylor’s company, now operating as Strategy (formerly MicroStrategy), has expanded its Bitcoin holdings with a fresh purchase. The firm confirmed acquiring 7,633 $BTC for $742 million, paying an average price of $97,255 per coin. This latest acquisition pushes its total Bitcoin reserves to 478,740 $BTC.
MicroStrategy’s Latest Bitcoin Purchase
In its latest announcement, Strategy disclosed that its Bitcoin holdings now amount to $31.1 billion, with an average cost basis of $65,033 per $BTC. This marks the first Bitcoin purchase since the company transitioned from MicroStrategy to Strategy, a move aimed at reinforcing its Bitcoin-centric focus.
The rebrand introduced a new logo featuring a $BTC symbol, further highlighting its identity as a Bitcoin treasury company. As part of its Q4 2024 earnings report, Strategy revised its annual Bitcoin yield target, setting a new minimum of 15% for 2025. The company also introduced the “$BTC $ Gain KPI,” a new key performance indicator tied to its Bitcoin strategy.
$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
Additionally, Strategy announced significant progress in its long-term capital plan. Of its $42 billion funding initiative, the company has already deployed $20 billion, well ahead of its initial projections. With capital still available, further Bitcoin purchases may follow in the coming months.
Meanwhile, it’s worth noting that $BTC price gained significantly after the above-mentioned announcement. As of writing, Bitcoin price stood at $97,710.76, up by 1.80% on Monday, February 10.
Also Read: Missouri State Rep. Proposes Major Bitcoin Reserve Bill