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Strategy Acquires 20,356 Bitcoins at an Average Price of $97,514

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By on February 24, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Strategy Acquires 20,356 Bitcoins at an Average Price of $97,514 appeared first on Coinpedia Fintech News

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, the company hodl 499,096 $BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin.

Strategy Completes $2B Convertible Note Offering for Bitcoin Acquisitions

Strategy has completed a $2 billion offering of convertible notes at 0% coupon and 35% premium, with an implied strike price of ~$433.43. $MSTR https://t.co/PsEdj3nm0i

— Michael Saylor (@saylor) February 24, 2025

Strategy (Nasdaq: MSTR) announced on February 24, 2025 that it completed a $2 billion private offering of 0% convertible senior notes due 2030, raising net proceeds of about $1.99 billion. The notes, convertible into class A common stock at an initial rate of 2.3072 shares per $1,000, do not bear regular interest and will mature on March 1, 2030. Proceeds will fund Bitcoin acquisitions and general corporate purposes, reinforcing Strategy’s commitment to its Bitcoin treasury strategy while driving digital innovation.

Saylor Wants the U.S. to Buy Bitcoin

Showing his conviction for Bitcoin and trusting Trump’s Bitcoin Reserve Plan he made bold claims at the Conservative Political Action Conference (CPAC), suggesting that the U.S. government should acquire 20% of Bitcoin’s total supply to create a strategic reserve. This would require the U.S. to buy 3.9 million BTC, an investment of around $392 billion at current prices. However, lawmakers are considering a smaller-scale approach, with Senator Cynthia Lummis suggesting a 5% reserve.

El Salvador Ties a New Hope?

Saylor recently met with El Salvador’s pro-Bitcoin president, Nayib Bukele, to discuss Bitcoin adoption. While details of their conversation remain unclear, speculation is rising about a potential collaboration. Bukele has already positioned El Salvador as a major Bitcoin player, accumulating 6,078 BTC—worth about $597 million—despite reversing BTC’s legal tender status due to an IMF loan agreement.

Also Read :   Bitcoin Price Prediction This Week: Expert Warns of Volatility Near Key Levels   ,

BTC Price Struggles Amid Economic Concerns

Despite Strategy’s continued BTC accumulation and bullish outlook, Bitcoin’s price remains below $100K, hovering around $95K. Factors such as rising inflation and ongoing tariff wars are keeping prices in check. Still, Strategy’s aggressive buying and Saylor’s vision for national adoption signal strong long-term confidence in Bitcoin’s future.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

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