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Strategy buys 20,356 bitcoins for $2b

Strategy, formerly known as MicroStrategy, has acquired 20,356 bitcoins between Feb. 18 and Feb. 23 for approximately US$2 billion.

This acquisition was reported in an 8-K filing with the Securities and Exchange Commission (SEC) on Feb.24.

With this latest purchase, Strategy’s total bitcoin holdings reach 499,096 bitcoins, valued at over US$47 billion at the time of the filing.

On average, the firm has purchased its bitcoin at US$66,357 per coin, totaling about US$33.1 billion.

This represents over 2.3% of bitcoin’s capped supply of 21 million coins.

Recent Strategy developments

Timeline
11-Feb-2025 💰 Strategy invests $742m in bitcoin after rebrand
  • Strategy acquires 7.633 BTC for $742M.
  • Holds 478.740 BTC, worth over $46B.
07-Feb-2025 🤖 OpenAI rethinks strategy after DeepSeek’s open-source AI
  • OpenAI reviews strategies post DeepSeek’s R1 launch.
  • CEO Altman aims for advanced AI and more transparency.
31-Oct-2024 📉 Bukalapak adjusts strategy amid Q3 loss, plans job cuts
  • Bukalapak revises strategy, plans layoffs
  • Q3 revenue up 2%, EBITDA at -68 billion rupiah
30-Jun-2023 🏢 Podcast: Strategy lessons from a trip to ByteDance HQ
  • Insights from a visit to ByteDance HQ
  • Adaptive strategies that set ByteDance apart
07-Jul-2022 🛒 Lazada’s chief strategy officer set to leave post

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