MicroStrategy Buys Another $1.99 Billion in Bitcoin After a Week of "Rest"
It seems that MicroStrategy's (now Strategy) Bitcoin "shopping" schedule is gradually changing to every 2 weeks, instead of regularly every week as before.
On the evening of February 24, 2025, the public company Strategy (formerly MicroStrategy) announced that it had used $1.99 billion in cash to buy an additional 20,356 Bitcoins, at an average price of $97,514 per coin.
MicroStrategy's latest Bitcoin purchase was made thanks to the successful sale of nearly $2 billion worth of bonds that it announced plans for in mid-February.
The company's BTC Yield (Bitcoin investment yield) as of February 24, 2025 is 6.9%.
— Michael Saylor⚡️ (@saylor) February 24, 2025Strategy has acquired 20,356 BTC for ~$1.99B at ~$97,514 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 2/23/2025, we hodl 499,096 $BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin. $MSTR https://t.co/mNWDaXRE7N
With the latest BTC purchase announcement, billionaire Michael Saylor's company increases its total Bitcoin holdings to 499,096 BTC, worth $47.75 billion, at an average purchase price of $66,357 per BTC.
This is Strategy's familiar Bitcoin buying schedule, following the move to stockpile $742 million in BTC on February 10, 2025. It is called a "familiar schedule" because this event has been happening regularly since November 11, 2024, with the consecutive BTC purchase chain extending to 12. However, there was no 13th week because many predictions said that Mr. Michael Saylor "avoided" this number due to spiritual factors.
However, with the latest Bitcoin purchase announcement, it seems that Strategy's "shopping" schedule for buying BTC is gradually changing to 2 weeks/time, instead of regularly every week as before.
Going back in time to November 11, the origin of the 12-week consecutive Bitcoin purchase chain, the total capital MicroStrategy used during this period was up to 20.41 billion USD to collect 218,887 BTC - equivalent to 43.85% of the 499,096 Bitcoins held in the portfolio.
- Starting with 27,200 Bitcoins ($2 billion) on November 11;
- Followed by 51,780 BTC ($4.6 billion) just a week later;
- Ending November with 55,500 BTC ($5.4 billion);
- In early December, the company continued to collect 15,400 BTC ($1.5 billion);
- In the second week of December, it announced the purchase of 21,550 BTC ($2.1 billion);
- On December 16, it used $1.5 billion to add 15,350 BTC to its reserves;
- On December 23, it bought 5,262 BTC with $561 million raised from the sale of 1.3 million convertible bonds.
- The last week of December "positive" $209 million in Bitcoin.
- "Opening the new year 2025 with 1,070 BTC added to the vault.
- The second time of the new year 2025, buying 243 million USD of Bitcoin at an average price of 95,972 USD per coin.
Seemingly to celebrate the 11th consecutive week of buying Bitcoin, MicroStrategy used the number "11" as the main theme for this warehouse purchase when spending 1.1 billion USD to add 11,000 BTC at an average price of about 101,000 USD.
At a time when the entire Asian market was on holiday to celebrate the Lunar New Year of the Snake, MicroStrategy still "did not take a holiday" when buying another 1.1 billion USD of Bitcoin for the 12th consecutive week.
Bitcoin price is currently trading around $95,550, with no notable fluctuations in the past 7 days, mainly the cash flow last week was attracted to the Bybit exchange with the $1.46 billion hack and the scandal surrounding the memecoin LIBRA.