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Strategy hints at Bitcoin buy after $45B holdings reach

Strategy hints at Bitcoin buy after $45B holdings reach

GrafaGrafa2025/02/10 03:00
By:Mahathir Bayena

Michael Saylor, co-founder of Strategy, hinted at a potential resumption of Bitcoin (CRYPTO:BTC) acquisitions, signaling renewed investment in the cryptocurrency after a week's pause.

This comes amid Bitcoin's price volatility, which saw it dip below $96,000 before recovering to over $96,500, according to CoinGecko.

Strategy, formerly known as MicroStrategy, holds 471,107 BTC, valued at over $45 billion at current market prices.

The company's last purchase of 10,107 BTC occurred in the week ending January 26, at an average price of $105,596 per coin.

Overall, Strategy has invested approximately $30 billion in Bitcoin at an average of $64,500, resulting in $15 billion in unrealised gains.

Saylor's recent activity on X, posting a Bitcoin tracker, suggests the company's continued commitment to its Bitcoin-focused strategy.

"Death to the blue lines. Long live the green dots," Saylor posted.

The potential purchase would be Strategy's first Bitcoin acquisition since its rebranding, which included a new Bitcoin-themed visual identity.

Despite reporting a $670.8 million net loss for the fourth quarter, Strategy added 218,887 Bitcoin to its holdings.

The company's expenses increased nearly 700% to $1.1 billion, related to its plan to invest $42 billion in Bitcoin over three years.

Strategy has utilised $20 billion of this plan through senior convertible notes and debt financing.

Bitcoin has experienced volatility, falling 11% from its January 20 high of $108,786.

Recent tariffs imposed by President Trump have rattled markets, causing a selloff in crypto assets.

Strategy's commitment to Bitcoin is also underscored by its rebranding, reflecting the company's core operations.

During Q4 2024, Strategy acquired over 195,000 BTC.

Catalysts for BTC in 2025 include a potential framework for digital assets in the United States, political support for Bitcoin, improvements to existing BTC exchange-traded funds (ETFs), and growing institutional adoption.

At the time of reporting, the Bitcoin (BTC) price was $96,769.77.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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