Michael Saylor’s Strategy Continues Bitcoin Buying Spree, Taking Total Holdings To 478,740 BTC ⋆ ZyCrypto

Software company Strategy is pushing forward with its Bitcoin buying spree in 2025. After a week-long pause, Strategy today announced that it had snapped up $742 million worth of the orange coin.

The fresh purchase comes just days after the Bitcoin treasury company rebranded from “MicroStrategy” last week.

Strategy Adds $742 Million To Its Bitcoin Treasury

Strategy CEO Michael Saylor announced Monday that the company had acquired roughly 7,633 Bitcoin between Feb. 3 and Feb. 9. An SEC filing shows that Strategy spent $742.4 million buying the BTC stash at an average price of $97,255 per coin.

Strategy now holds 478,740 BTC in total. Today’s BTC price is $97,279, which is a cache worth approximately $46 billion. All told, the firm acquired its coins at an average price of $65,033 per coin, the announcement said.

Similarly to Strategy’s previous Bitcoin buys, the company purchased its latest Bitcoin tranche using proceeds from the issuance and sale of shares under a convertible notes sales agreement. Strategy sold an aggregate of 516,413 shares of its Class A common stock last week, generating roughly $179 million in net proceeds. The company had around $4.17 billion of shares remaining for issuance and sale as of Feb. 9.

Advertisement

&nbsp

Tysons, Virginia-based Strategy last year unveiled an ambitious “21/21 Plan” to raise $42 billion to purchase Bitcoin. The plan means the company will raise $21 billion through equity, with another $21 billion coming by selling fixed-income securities.

In December, Strategy made a grand foray into the Nasdaq-100, an index of the top 100 non-financial firms on the Nasdaq stock market, alongside tech titans like Apple and Microsoft.

Earlier this month, the company announced it had finalized the price of its new stock, dubbed STRK, which it will use to raise funds to amass even more Bitcoin for its treasury.

Strategy’s moves come as multiple U.S. states field proposals to create Bitcoin reserves, while digital asset proponents are calling for other local governments to do the same.