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.
Last week, @Strategy didn’t promote any shares of sophistication A standard inventory below its at-the-market fairness providing program, and didn’t buy any bitcoin. As of two/17/2025, we hodl 478,740 $BTC acquired for ~$31.1 billion at ~$65,033 per bitcoin. $MSTR
— Michael Saylor⚡️ (@saylor) February 18, 2025
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