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Strategy Resumes Bitcoin Purchases, Takes Holdings to 478,740 BTC

Executive Chairman Michael Saylor Announces a Bitcoin Purchase of $742.4 million

Updated Feb 10, 2025, 1:08 p.m. Published Feb 10, 2025, 1:00 p.m.
MicroStrategy Executive Chairman Michael Saylor (Danny Nelson/CoinDesk)
MicroStrategy Executive Chairman Michael Saylor (Danny Nelson/CoinDesk)

What to know:

  • Strategy bought another 7,633 BTC.
  • The company, formerly known as MicroStrategy, now holds 478,740 BTC.

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR).

Strategy (MSTR) increased its bitcoin (BTC) holdings to 478,740 BTC after last week's pause with the purchase of $742.4 million worth of the largest cryptocurrency

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The Tysons Corner, Virginia company formerly known as MicroStrategy bought 7,633 BTC in the week ended Feb. 9, Executive Chairman Michael Saylor posted on X. The average purchase price was $97,255 per bitcoin, which raised the overall average purchase price to $65,033

The company didn't buy any bitcoin in the week ended Feb. 2, most likely because it was observing a blackout period during its earnings week. On Feb. 6, the company reported a fourth-quarter net loss of $3.03 per share, compared with income of $0.50 per share a year earlier.

According to the 8-K filing, the bitcoin purchases were made using proceeds from the sale of shares under the sales agreement and the perpetual preferred equity offering of Strike (STRK).

Saylor teased the purchase announcement once again on Sunday, as he has for the past few months: "Death to the blue lines. Long live the green dots."

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

Yang perlu diketahui:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Bitcoin dips, but quickly recovers as U.S. captures Venezuela's Maduro

Nicolas Maduro

The U.S. overnight launched a military strike against Venezuela, capturing President Nicolas Maduro and his wife and extracting them from the country.

Yang perlu diketahui:

  • The U.S. captured Venezuelan President Nicolas Maduro and his wife after a brief military operation Saturday morning, according to President Trump.
  • Crypto prices suffered a brief, modest drop on the first reports of the military action, but have since recovered.