Michael Saylor's Strategy has once again expanded its Bitcoin reserves. The company acquired 20,356 BTC for approximately $1.99 billion at an average price of $97,514 per Bitcoin. This latest purchase brings its total holdings to 499,096 Bitcoin.
The announcement came directly from CEO Michael Saylor via social media. "Strategy has acquired 20,356 BTC for ~$1.99B at ~$97,514 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 2/23/2025, we hodl 499,096 $BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin," Saylor posted on February 24.
Strategy's Bitcoin position now stands at a market value exceeding $46 billion. The company initiated its Bitcoin strategy in 2020. Saylor championed the concept of deploying corporate cash reserves into Bitcoin as an inflation hedge. This vision has since materialized in unprecedented scale.
Their acquisition pattern has been remarkably consistent. In the 14 weeks preceding this announcement, Strategy made Bitcoin purchases in 12 of those weeks. The company briefly paused for just one week before proceeding with this latest debt offering to fund further acquisitions.
The software company's shares have surged over 1,200% in the past two years. This dramatic price appreciation largely mirrors Bitcoin's performance. Strategy has effectively positioned itself as a proxy for Bitcoin investment in traditional equity markets.
Market analysts suggest Strategy's purchasing strategy could create significant supply pressure. With Bitcoin's fixed supply cap of 21 million and over 19 million already in circulation, large-scale institutional buying reduces available supply. This dynamic potentially creates what traders term a "supply shock."
The impact of Strategy's holdings extends beyond immediate price action. As one market commentator noted on social media: "In previous bull runs, long-term Bitcoin holders unloaded their coins into weak hands as the price ran up. But today, they are selling straight into Michael Saylor's black hole." Strategy's aggressive acquisition strategy continues to reshape market dynamics heading into what many anticipate will be a sustained bull market for cryptocurrencies.
Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial or legal advice. Always conduct your own research or consult a professional when dealing with cryptocurrency assets.