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Coinpaprika 2025-02-23 19:31:11

Michael Saylor Hints at Another Massive Bitcoin Purchase by Strategy

Community members believe Strategy could be planning a $2 billion Bitcoin purchase , based on its latest stock offerings. The company’s strong Bitcoin-focused strategy has not only boosted its stock price but also influenced more than 70 publicly traded firms. Strategy, previously known as MicroStrategy, may be preparing for another big Bitcoin investment. Speculation grew after co-founder Michael Saylor posted a subtle hint on social media. On February 23, Saylor shared a Bitcoin tracker on X (formerly Twitter), a move that in the past has preceded major Bitcoin purchases. His mysterious comment suggested that recent transactions had not yet appeared in the tracker. “I don’t think this reflects what I got done last week,” Saylor wrote. Given his history of posting similar updates before major buys, the crypto community quickly speculated that Strategy was gearing up for another acquisition. “Michael Saylor posted his BTC purchase tracker again, meaning Strategy will announce another big Bitcoin purchase tomorrow,” Nikolaus Hoffman commented. At the same time, some believe Strategy could be preparing to spend up to $2 billion on Bitcoin , in line with its recent decision to raise funds through convertible bonds. These bonds, which carry no interest but can be converted into company stock, will mature in March 2030 and serve as unsecured senior obligations. The fundraising is part of Strategy’s “21/21 Plan,” aiming to secure $42 billion for Bitcoin investments . The company plans to gather $21 billion through equity sales and another $21 billion through fixed-income securities. Originally a software company, Strategy has transformed into the largest corporate Bitcoin holder. This shift has significantly increased investor interest, leading to its inclusion in the Nasdaq-100. The firm’s most recent purchase was on February 10, when it acquired 7,633 BTC for $742.4 million. Currently, Strategy owns 478,740 BTC, worth approximately $47 billion, with a total investment of $31.1 billion. Meanwhile, the company pointed out that its MSTR convertible bonds have delivered a 71% return since issuance, outperforming Bitcoin itself. Additionally, Strategy’s strong Bitcoin-first approach has motivated other firms to follow its lead. According to HODL15 Capital, more than 70 publicly traded companies worldwide have now included Bitcoin in their reserves , influenced by Saylor and Strategy’s approach.

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