Strategy, formerly known as MicroStrategy, plans to raise $2 billion through a convertible bond offering to buy more Bitcoins. Despite a pause in buying last week, the company continues its regular activities. Strategy has become one of the world’s largest corporate holders of this digital currency since starting to invest in Bitcoin. The company has acquired a total of 478,740 Bitcoins valued at over $45 billion with an average price of $65,033 per Bitcoin as of February 17, 2025. Despite recent Bitcoin price fluctuations stabilizing below $100,000, Strategy aims to increase its holdings with the same capital. Although MSTR stock value has dropped around 15% in the past month, Michael Saylor, the CEO, remains optimistic about the future of this investment.
