On the heels of his latest CPAC 2025 Appearance, Michael Saylor Strategy has bought an additional $ 1.99 billion in Bitcoin. In the midst of its ongoing 21/21 plan, the company has resumed its BTC -buy strategy, according to Taylor’s Most Last post to X (formerly Twitter).
According to the company’s founder, they have added another 20,356 BTC to their holding at an average cost of $ 97,514 per bitcoin. In addition, the company takes the company closer to the 500K brand, with its total holdings reaching 499,096 BTC at a total value of more than $ 33 billion.
Just in: Michael Saylor’s Micro Strategy buys another 20,356 bitcoin worth $ 1.99 billion.
– watcher.guru (@watcherguru) February 24, 2025
Michael Saylor’s strategy adds Bitcoin -Stash because even more purchases may be on the way
Earlier this month Micro strategy adopted a rebrand. Specifically, it would eliminate the name and move forward as simply strategy. However, the change did not affect the basic principles that have ruled the company to this point.
They have continued to be among the most vocal defenders of the leading Cryptocurrency on the planet. In addition, they have continued to spend their money where their mouths are, as Michael Saylor’s strategy has bought another $ 1.99 billion in Bitcoin.
Also read: Saylor proposes 81 trillion dollars Bitcoin Reserve to reinvent US financial system
This is the first purchase of the strategist since February 10, when it adds more than $ 742 million in Bitcoin. In addition, it still has a number of large financial companies that invest in the company and support its ongoing assignment. Specifically, from February 6, $ 11.6 trillion, asset manager, Black rockincreased its share in the strategy to 5%.