MicroStrategy—now rebranded as Strategy—has once again interrupted its Bitcoin purchasing streak. Michael Saylor, the company’s executive chairman, confirmed that no new BTC acquisitions took place over the past week, marking a brief pause in its aggressive accumulation strategy. However, this does not indicate a change in direction; rather, it aligns with Strategy’s established playbook for acquiring Bitcoin.
Strategy’s Aggressive Bitcoin Acquisition Plan
Since first investing in Bitcoin, Strategy has grown into one of the largest corporate holders of the asset. Earlier this month, the firm briefly halted its 12-week buying streak, only to resume purchases shortly thereafter. Now, another temporary break has been announced, but Saylor has made it clear that Bitcoin buying will continue.
Last week, @Strategy did not sell any shares of class A common stock under its at-the-market equity offering program, and did not purchase any bitcoin. As of 2/17/2025, we hodl 478,740 $BTC acquired for ~$31.1 billion at ~$65,033 per bitcoin. $MSTR https://t.co/gDVOokFY8p
— Michael Saylor⚡️ (@saylor) February 18, 2025
Shortly after revealing the pause, Saylor followed up with another major announcement: Strategy plans to raise $2 billion through a private offering of convertible senior notes. These stock offerings have become a critical mechanism for funding its Bitcoin acquisitions. A similar fundraising effort was conducted last month, demonstrating the company’s commitment to leveraging its stock to fuel BTC purchases.
Stock Offerings and Institutional Backing
To sustain its large-scale Bitcoin acquisitions, Strategy has diversified its approach. One notable move was selling enough stock to bring BlackRock’s ownership stake in the company to 5%. Additionally, the firm’s Strike Preferred Stock (STRK) has performed well, further strengthening its financial position.
Despite fluctuations in Bitcoin’s price, Strategy remains steadfast. Over the past few weeks, Bitcoin has hovered just below the $100,000 mark, creating a window of opportunity for the company to accumulate more at relatively stable prices. At the same time, Strategy’s own stock (MSTR) has faced a downturn, slipping nearly 15% in the past month.
A Predictable Yet Effective Strategy
While some market observers speculate that Strategy may face hurdles in executing this plan, no significant challenges have emerged thus far. Saylor continues to project unwavering confidence in Bitcoin, reinforcing his maximalist bullish stance. If history is any guide, Strategy’s latest funding move signals yet another round of aggressive Bitcoin accumulation in the near future.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: MicroStrategy, Now ” Strategy” , Reports Record BTC Holdings in Q4 2024 Earnings, Reports $670M Loss
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