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Bitcoin News

Strategy Buys 20,356 BTC, Total Holdings Near 500K

Written By Jalpa Bhavsar
Fact Checked by Jahnu Jagtap
Published February 24, 2025 7:28 PM·Updated 2 years ago
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Strategy Buys 20,356 BTC, Total Holdings Near 500K

Strategy, a U.S.-based business intelligence company, has again expanded its bitcoin holding by purchasing 20,356 BTC.

The company, known as  MicroStrategy, has acquired Bitcoin worth $1.99 billion at an average price of $97,514 per BTC. In 2025, their Bitcoin holdings have grown by 6.9%.

Strategy buys 20,356 BTC
Strategy buys 20,356 BTC, Source: X

As of February 23, 2025, Strategy now holds 499,096 BTC, acquired for $33.1 billion at an average price of $66,357 per BTC. In the past, it has acquired 7,633 bitcoins between February 3 and February 9, 2025.

On February 18, Strategy announced plans to raise $2 billion through 0% senior convertible notes to expand its Bitcoin holdings. 

Also Read: Nayib Bukele and Michael Saylor Meet and Greet

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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