- Strategy bought an additional 7,633 bitcoins for $742 million valued at $97,255 per coin.
- The company’s Bitcoin holdings now total 478,740 BTC worth over $31.1 billion.
- CEO Michael Saylor claims their Bitcoin ‘Strategy’ outperforms even NVIDIA and the S&P 500.
Strategy, the former MicroStrategy, has snapped up yet another 7,633 bitcoins worth a staggering $742.4 million at an average $97,255 per coin. The company’s total BTC holdings now reach 478,740 coins, roughly valued at $31 billion
Headed by Michael Saylor, Strategy is one of the biggest corporate Bitcoin whales in the world. Its newest buy comes as markets bounce around, showing their strong belief in Bitcoin’s long-term potential.
Related: BlackRock CEO “Surprised” by Bitcoin ETF’s Record-Breaking Demand
Strategic Shift? Sudden Bitcoin Buy After “No Activity” Claim
Interestingly, even with this latest purchase, Michael Saylor had stated earlier that the firm had not sold any Class A common stock the past week or acquired any Bitcoin as of February 2, 2025.
So this sudden move can only point to a strategic change of plans taking advantage of the favorable market conditions.
Saylor…
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