In a feature that continues to strengthen Michael Saylor’s commitment to the leading Krypton, Michael Saylor’s strategy has announced a new capital plan of $ 2 billion to buy more Bitcoin. The software technology company announced the latest plan to offer $ 2 billion in convertible leading banknotes, with the funds from the purchase funding a new purchase of bitcoin. Strategy last ended a $ 243 million purchase in Bitcoin.
Just in: Michael Saylor’s “strategy” to collect $ 2 billion to buy more bitcoin.
– watcher.guru (@watcherguru) February 18, 2025
Since August 2020, the company has adopted one Bitcoin Purchase strategy. The asset’s outstanding performance last year saw that the move did wonders for strategy (MSTR) and grew to an All-Time High of $ 473 in November last year. With BTC, which is expected to have another dominant in 2025, the company has shown no signs of slowing its purchases.
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On Tuesday, the strategy revealed that its Bitcoin holding is at about 478,740. Saylor followed up the disclosure by specifying strategy spent $ 31.1 billion to buy all these coins, at an average price of $ 65,033 per BTC. The Saylor-led company has said that $ 6.53 billion in shares remains for sale as part of its groundbreaking 21/21 plan. In fact, the company is looking for a share offer of $ 21 billion and a fixed income increase of $ 21 billion. After that, it would focus on a total Bitcoin acquisition worth more than $ 42 billion.
In addition, the strategy will discuss the proposed convertible notes offered on a live video -Webinar on Wednesday, February 19.