Strategy₿ Buys Over $742M in Bitcoin

Key Points

• Strategy₿ acquired 7,633 BTC for $742.4 million at $97,255 per coin.
• BTC price holds above $97,000.

Michael Saylor just announced that Strategy₿ formerly known as MicroStrategy has acquired more Bitcoin following a short break in the company’s BTC buying spree. Bitcoin’s price is currently holding above $97,000.

Strategy₿ Acquired Over $742M in Bitcoin

In a post on X, Saylor announced that Strategy₿ has bought 7,633 BTC for $742,4 million at $97,255 per coin.

Also, the company has achieved a BTC yield of 4.1% YTD 2025. As of February 2, 2025, Strategy₿ holds 478,740 BTC acquired for $31.1 billion at $65,033 per coin, according to the same announcement.

The company’s BTC holdings are currently worth over $46.6 billion at current prices.

The company’s new BTC acquisition comes following a break in its 12-week streak of continued BTC buying. Also, the move follows the company’s rebranding from MicroStrategy to Strategy₿.

On February 7, we reported that BlackRock, the largest asset manager in the world, has increased its stake in Strategy₿ to 5%, mirroring growing interest in BTC exposure.

The asset manager has also decided to launch an ETP tied to Bitcoin in Europe soon, most likely located in Switzerland.

Bitcoin continues to remain surrounded by optimism, amidst increasing global adoption.

Bitcoin Price Holds Above $97,000

At the moment of writing this article, BTC is trading above $97,000, up by 1% in the past 24 hours. Earlier, the coin’s price dropped to $94,000 ahead of a rebound to the current levels.

Lately, BTC faced multiple rejections at the important psychological level of $100,000, triggering repeated pullbacks and raising investor concerns.

However, as adoption is intensifying globally, despite a cautious sentiment, new investors continue to accumulate BTC.

Also, Bitcoin’s adoption rate which measures the percentage of new addresses participating in daily transactions has increased to 44%, showing fresh interest in BTC and suggesting that new market participants are buying the coin at lower prices, preparing for a potential long-term rally.