Key Takeaways
- Michael Saylor hinted at Strategy's next major Bitcoin purchase via social media.
- Speculation suggests Strategy could allocate up to $2 billion for Bitcoin acquisition.
- Strategy now holds 478,740 BTC, valued around $47 billion, influencing over 70 companies.
Strategy, previously known as MicroStrategy, appears poised to make another significant Bitcoin purchase following a subtle hint from its co-founder, Michael Saylor.
Speculation emerged after Saylor posted a Bitcoin tracker on social media on February 23.
Historically, similar posts have indicated imminent large-scale acquisitions by the firm.
His message implied recent transactions hadn’t yet appeared publicly, prompting market speculation.
Saylor wrote on X (formerly Twitter):
I don’t think this reflects what I got done last week.
Potential 2 billion dollar purchase
This comment sparked predictions within the Bitcoin community, with some observers anticipating Strategy could acquire up to $2 billion worth of Bitcoin.
This aligns with the company’s recent fundraising through convertible bonds, maturing in March 2030.
The bonds, part of Strategy’s “21/21 Plan,” involve raising $21 billion via equity and another $21 billion through fixed-income securities.
Current holdings
Strategy’s previous Bitcoin acquisition occurred on February 10, purchasing 7,633 BTC for roughly $742.4 million.
Currently, the firm holds a substantial 478,740 BTC, valued near $47 billion, against a total investment of $31.1 billion.
Market impact
The company’s aggressive Bitcoin-first strategy has driven notable performance, with its MSTR convertible bonds delivering a 71% return since issuance, outperforming Bitcoin itself.
Additionally, Strategy’s approach has influenced over 70 publicly traded firms worldwide to adopt Bitcoin reserves, according to HODL15 Capital.
