On the heels of his most recent CPAC 2025 appearance, Michael Saylor Strategy has purchased another $1.99 billion in Bitcoin. Amid its ongoing 21/21 plan, the company has resumed its BTC purchasing strategy, according to Taylor’s most recent post to X (formerly Twitter).
According to the firm’s founder, they have added another 20,356 BTC to its holdings at an average cost of $97,514 per bitcoin. Moreover, the move brings the company closer to the 500k mark, with its total holdings reaching 499,096 BTC at a total value of more than $33 billion.
JUST IN: Michael Saylor's MicroStrategy buys another 20,356 Bitcoin worth $1.99 billion.
— Watcher.Guru (@WatcherGuru) February 24, 2025
Also Read: Michael Saylor’s Strategy Proposes $2B Plan For Bitcoin Purchase
Michael Saylor’s Strategy Adds to Bitcoin Stash as Even More Buying May Be On The Way
Earlier this month, Michael Saylor’s MicroStrategy enacted a rebrand. Specifically, it would do away with the name and move forward as simply Strategy. However, the change did not affect the fundamental principles that have governed the company to this point.
They have continued to be among the most vocal defenders of the leading cryptocurrency on the planet. Moreover, they have kept putting their money where their mouth is, as Michael Saylor’s Strategy has purchased yet another $1.99 billion worth of Bitcoin.
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Also Read: Saylor Proposes $81 Trillion Bitcoin Reserve to Reinvent US Financial System
The most recent purchase officially puts the company’s stash at a value of $33 billion, as it now holds more than 499,000 BTC. Moreover, the company has added the crypto at an average price of $66,357 per Bitcoin. That is a far cry from the asset’s current $95,000 price.
This is Strategy’s first purchase since February 10th, when it added more than $742 million worth of Bitcoin. Moreover, it still has a host of large financial firms investing in the company, supporting its ongoing mission. Specifically, as of February 6th, $11.6 trillion asset manager, BlackRock, increased its stake in Strategy to 5%.