10 February 2025
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Michael Saylor’s Strategy Acquires 7,633 BTC for $725 Million
Michael Saylor's Strategy Resumes Bitcoin Purchases
- Strategy acquired an additional 7,633 BTC for $725 million at an average price of $97,255 per BTC.
- Year-to-date (YTD) Bitcoin yield stands at 4.1% as of February 9, 2025.
- Total Bitcoin holdings reached 478,740 BTC, costing approximately $31.1 billion with an average purchase price of $65,033 per BTC.
- Strategy has consistently bought Bitcoin weekly in 2025, except last week.
MSTR Stock Movement
- MSTR stock increased by 2% to $335 in pre-market trading following the Bitcoin acquisition announcement.
- To sustain a rally, MSTR stock must break its current downtrend and target $385, $445, and $543.
- BlackRock increased its stake in Strategy to over 5%, indicating continued bullish sentiment among major investors.
Metaplanet's BTC Acquisition Plan
- Metaplanet issued a 4 billion yen corporate bond at 0% interest to fund its Bitcoin Treasury strategy.
- The funds aim to facilitate immediate Bitcoin purchases without delays from stock acquisition rights.
- CEO Simon Gerovich emphasized using capital markets to enhance treasury and shareholder value.