Key dealers
- Bitcoin Bull Saylor just suggested for the strategy’s new Bitcoin acquisition.
- The company is planning a convertible note of $ 2 billion for Bitcoin acquisition.
After a short break, the strategy may have resumed its Bitcoin purchase. On Sunday, Michael Saylor published Bitcoin Tracker on X, which is usually followed by a Bitcoin acquisition message.
I don’t think this reflects what I did last week. pic.twitter.com/57QE7QFWKM
– Michael Saylor⚡ (@Saylor) February 23, 2025
Saylor’s Tweet comes after strategy announced A convertible note of $ 2 billion on Wednesday, with 0% interest and maturity 2030, with revenue intended for general corporate purposes, including Bitcoin acquisition.
Tysons, Virginia-based company, which recently redirected from micro strategy, currently has 478,740 Bitcoin valued at approximately $ 46 billion at current prices. Its latest bitcoin Acquisition of 7,633 BTC occurred this week that ended February 9, at an average price of $ 97,255 per coin.
Following its latest sale of the Class A Common share, strategy has approximately $ 4 billion of shares available for sale. The company often uses revenue from these sales to finance its next BTC purchase.
The strategy has invested approximately $ 31 billion in Bitcoin at an average price of $ 65,000 per coin, generating almost $ 15 billion in unrealized profits.
Bitcoin experienced volatility this week and reached $ 99,000 on Friday before withdrawing below $ 95,000 after a $ 1.4 billion hacking, according data.
The digital asset is currently acting at about $ 95,700 and shows a slight decline over the past 24 hours.
