Share this article
Strategy Bitcoin Stack Just Shy of 500K Tokens After Latest $2B Purchase
The Michael Saylor-led company used funds from last week's $2 billion 0% convertible note offering.
Updated Feb 24, 2025, 7:05 p.m. Published Feb 24, 2025, 1:13 p.m.
What to know:
Strategy (MSTR) brought its bitcoin (BTC) holdings up to just a hair shy of half of million with its latest acquisition.
The company, led by Executive Chairman Michael Saylor, on Monday morning announced the purchase of 20,356 BTC for $1.99B, or an average price of $97,514 per token.
This comes after the last week's $2 billion 0% convertible note offering, which raised $1.99 billion after expenses.
MSTR's bitcoin stack now sits at 499,096 tokens acquired for $33.1 billion, or an average price of $66,357 each. At bitcoin's current price of $95,500, the holdings are worth about $47.7 billion.
MSTR shares are up marginally in premarket action after a Friday tumble that took the stock price below $300.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
What to know:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
Top Stories
