Strategy Sits Tight On 478,000 Bitcoin—No New Purchases In Last 7 Days

Strategy Sits Tight On 478,000 Bitcoin—No New Purchases In Last 7 Days

Michael Saylor of Strategy (previously MicroStrategy) introduced that the corporate didn’t buy new Bitcoins final week, sustaining its holdings at 478,740. He mentioned that the corporate famous zero investments in its class A standard inventory, which is out there by way of the at-the-market fairness program, between February tenth and February 14th.

The proceeds from the ATM gross sales finance the corporate’s Bitcoin purchases, and with no new pursuits, the corporate paused its aggressive Bitcoin-buying spree.

Strategy is thought for its Bitcoin-focused enterprise mannequin and has already invested over $31 billion on this planet’s high digital asset since 2020.

No New Funds, Strategy Maintains Over 478k BTC Reserves

Strategy disclosed its newest monetary efficiency final Monday. With no new class A standard shares offered from February tenth to 14th below its ATM fairness program, the corporate additionally slowed its Bitcoin-buying spree.

As of Sunday, Strategy owns 478,470 Bitcoins, bought at a mean market worth of $65,033 per token, reflecting a complete expenditure of $31.1 billion.

That is the second time that the corporate has not bought any Bitcoin as a consequence of an absence of revenues. In early February, Strategy stopped its Bitcoin purchases after no class A standard shares have been offered to the investing market. Last February 2nd, Saylor’s firm held over 471k BTC and bought for $30.4 billion.

Supply: Bitbo Bitcoin Treasuries

Strategy Reported Constructive News Developments

Strategy additionally shared some notable monetary information and different investor developments throughout the firm. For instance, the California State Academics Retirement System (CalSTRS) elevated its holdings within the firm within the final quarter of 2024 and now owns 258.785 shares, valued at round $83 million. The group’s funding got here at a time when Strategy accomplished its rebranding within the context of a surging Bitcoin worth.

BTCUSD buying and selling at $96,195 on the each day chart: TradingView.com

Though the corporate reported a internet lack of practically $671 million in This fall, it stays optimistic about its plans. Nevertheless, market analysts paint a special image of the corporate. In line with one monetary web site, the Strategy inventory is overvalued, with a present ratio of 0.71, reflecting tight liquidity.

Picture: Vladimir Vladimirov/Getty

Strategy’s Bitcoin Plan Stays A Widespread Template For Different Companies

Though Strategy’s Bitcoin purchases hit a bump this week, the corporate stays probably the most influential crypto firms right now. Many small firms are copying the Strategy playbook and aggressively shopping for Bitcoin, too. In line with Coinkite, 78 companies now maintain cryptos of their company treasuries.

A few of these world companies are advertisers and pharmaceutical firms which have adopted the Bitcoin-focused technique. Fortune reviews that OneMedNet, a $30-million firm specializing in healthcare knowledge, used $4.6 million to buy Bitcoin.

Featured picture from Gemini Imagen, chart from TradingView

Supply hyperlink

author avatar
Crypto Dunia
bitcoin
Bitcoin (BTC) $ 109,419.32 0.67%
ethereum
Ethereum (ETH) $ 2,667.67 2.74%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.38 3.61%
bnb
BNB (BNB) $ 662.96 0.48%
solana
Solana (SOL) $ 154.83 2.66%
usd-coin
USDC (USDC) $ 1.00 0.01%
tron
TRON (TRX) $ 0.287826 0.55%
dogecoin
Dogecoin (DOGE) $ 0.173779 1.84%
staked-ether
Lido Staked Ether (STETH) $ 2,666.83 2.35%
cardano
Cardano (ADA) $ 0.609819 4.18%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 109,317.29 0.63%
hyperliquid
Hyperliquid (HYPE) $ 39.80 5.00%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,216.71 2.58%
sui
Sui (SUI) $ 2.97 2.36%
bitcoin-cash
Bitcoin Cash (BCH) $ 506.67 0.47%
chainlink
Chainlink (LINK) $ 14.03 2.56%
stellar
Stellar (XLM) $ 0.289791 12.47%
leo-token
LEO Token (LEO) $ 9.05 0.33%
avalanche-2
Avalanche (AVAX) $ 18.69 2.74%
usds
USDS (USDS) $ 0.999968 0.01%
hedera-hashgraph
Hedera (HBAR) $ 0.170046 6.05%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 2.43%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,854.62 2.43%
the-open-network
Toncoin (TON) $ 2.82 1.91%
weth
WETH (WETH) $ 2,668.71 2.39%
litecoin
Litecoin (LTC) $ 88.69 2.00%
whitebit
WhiteBIT Coin (WBT) $ 46.47 3.59%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.36%
monero
Monero (XMR) $ 318.82 1.29%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 109,442.32 0.70%
polkadot
Polkadot (DOT) $ 3.53 3.47%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.04%
bitget-token
Bitget Token (BGB) $ 4.35 0.98%
uniswap
Uniswap (UNI) $ 8.23 7.31%
aave
Aave (AAVE) $ 298.49 3.44%
pepe
Pepe (PEPE) $ 0.00001 2.17%
dai
Dai (DAI) $ 1.00 0.00%
pi-network
Pi Network (PI) $ 0.465691 1.15%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18 0.05%
bittensor
Bittensor (TAO) $ 328.05 2.66%
crypto-com-chain
Cronos (CRO) $ 0.09572 0.39%
aptos
Aptos (APT) $ 4.54 2.75%
okb
OKB (OKB) $ 48.17 0.04%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
near
NEAR Protocol (NEAR) $ 2.28 4.27%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 187.97 2.57%
internet-computer
Internet Computer (ICP) $ 4.97 3.16%
ethereum-classic
Ethereum Classic (ETC) $ 17.24 2.69%
ondo-finance
Ondo (ONDO) $ 0.817913 2.39%
susds
sUSDS (SUSDS) $ 1.06 0.01%
usd1-wlfi
USD1 (USD1) $ 1.00 0.33%
kaspa
Kaspa (KAS) $ 0.079171 3.55%
mantle
Mantle (MNT) $ 0.591187 3.68%
cosmos
Cosmos Hub (ATOM) $ 4.24 3.07%
fasttoken
Fasttoken (FTN) $ 4.45 0.05%
gatechain-token
Gate (GT) $ 15.91 1.33%
vechain
VeChain (VET) $ 0.021839 5.90%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.202026 7.40%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.678424 0.79%
official-trump
Official Trump (TRUMP) $ 8.75 1.85%
ethena
Ethena (ENA) $ 0.271181 5.31%
sky
Sky (SKY) $ 0.080402 0.90%
render-token
Render (RENDER) $ 3.26 2.33%
arbitrum
Arbitrum (ARB) $ 0.339333 0.76%
algorand
Algorand (ALGO) $ 0.187685 5.76%
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,668.56 2.70%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 109,151.24 0.48%
filecoin
Filecoin (FIL) $ 2.36 2.87%
quant-network
Quant (QNT) $ 108.84 0.92%
bonk
Bonk (BONK) $ 0.00002 8.82%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.56 1.21%
worldcoin-wld
Worldcoin (WLD) $ 0.877116 0.15%
sei-network
Sei (SEI) $ 0.267778 5.16%
usdtb
USDtb (USDTB) $ 1.00 0.01%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 164.38 2.61%
first-digital-usd
First Digital USD (FDUSD) $ 0.998854 0.04%
kucoin-shares
KuCoin (KCS) $ 11.08 0.02%
usdt0
USDT0 (USDT0) $ 1.00 0.01%
spx6900
SPX6900 (SPX) $ 1.45 9.79%
jupiter-exchange-solana
Jupiter (JUP) $ 0.446759 3.63%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 2,796.60 2.33%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,040.63 1.98%
nexo
NEXO (NEXO) $ 1.22 0.29%
celestia
Celestia (TIA) $ 1.63 2.66%
flare-networks
Flare (FLR) $ 0.015991 0.10%
fartcoin
Fartcoin (FARTCOIN) $ 1.07 2.29%
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00 0.03%
xdce-crowd-sale
XDC Network (XDC) $ 0.065008 0.20%
injective-protocol
Injective (INJ) $ 10.57 1.06%
blockstack
Stacks (STX) $ 0.66434 1.95%
mantle-staked-ether
Mantle Staked Ether (METH) $ 2,854.75 2.77%
tokenize-xchange
Tokenize Xchange (TKX) $ 12.25 12.90%
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 2,803.70 2.40%
solv-btc
Solv Protocol BTC (SOLVBTC) $ 109,281.28 1.01%
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00 0.23%
sonic-3
Sonic (S) $ 0.308157 1.58%
optimism
Optimism (OP) $ 0.558721 2.87%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.47 0.85%
syrupusdc
SyrupUSDC (SYRUPUSDC) $ 1.11 0.02%
Scroll to Top