With a purchase of 7,633 BTC for $742.4 million, Strategy Bitcoin investments grew to 478,740 BTC at an average price of $65,033 per BTC.
Strategy Bitcoin investments have been enhanced with a recent acquisition of 7,633 BTC, valued at approximately $742.4 million.
| Key Takeaways: – With a purchase of 7,633 BTC for $742.4 million, Strategy Bitcoin investments grew to 478,740 BTC at an average price of $65,033 per BTC. – The company raised $179 million through convertible bonds and $563.4 million from Class A common shares to finance the purchase. |
The purchase brings the company’s total Bitcoin reserves to 478,740 BTC, with an average acquisition cost of $65,033 per BTC.
The latest Strategy Bitcoin investment marks a continuation of the company’s long-term strategy of increasing its Bitcoin exposure. Prior to its recent rebranding, Strategy had temporarily paused its aggressive buying streak, which previously included acquisitions exceeding $1 billion.
Funding for this latest purchase came from two key transactions. The company raised approximately $179 million through the sale of 516,413 convertible bonds. Additionally, it secured about $563.4 million by offering 7.3 million Class A common shares at an 8% premium. As of February 10, Strategy still had $4.17 billion in convertible bonds available for future issuance.
Last month, the firm acquired Bitcoin worth $1.1 billion, further solidifying its position as the largest corporate holder of the cryptocurrency. As of February 10, Strategy’s Bitcoin yield stood at 4.1%.
The latest acquisition comes as Bitcoin trades around $97,200, reflecting a 3% recovery over the past week after experiencing pressure from trade policies introduced by the Trump administration.
| Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |
