Strategy Raises $2B, Boosts Bitcoin Holdings to 30K

Strategy, a prominent player in the cryptocurrency market, has recently concluded a significant financial transaction, raising $2.0 billion through an offering of 0% Convertible Senior Notes due 2030. This move is part of the company's strategic plan to enhance its financial flexibility while making bold moves in the cryptocurrency sector.

The notes, which will not pay any interest until 2030, will eventually convert into stock for investors. This financing method is popular among tech and crypto firms looking to fund themselves while keeping their balance sheets light on actual cash costs. Strategy intends to use the net proceeds from the offering for general corporate purposes, which may include purchasing more bitcoin, bolstering working capital, and making other unspecified investments to capitalize on the booming cryptocurrency market.

In addition to this financial maneuver, Strategy has confirmed its recent acquisition of a large quantity of bitcoin. The company purchased 20,356 BTC, bringing its total holdings to around 30,000 BTC. This purchase, valued at nearly $2 billion at the time, represents a confident bet on the still-recovering bitcoin market. Despite bitcoin's dramatic price drops throughout most of 2022, Strategy's average price of around $97,514 per coin suggests an expectation of much higher prices in the near future.

Strategy's investment strategy has proven successful, with the company reporting an astonishing BTC yield of 6.9% as of February 2025. This performance highlights the strength of bitcoin as a store of value and underscores the success of Strategy's decision to hoard and accumulate large amounts of BTC over time. As of February 23, 2025, Strategy holds a total of 499,096 BTC, with an amassed valuation of about $33.1 billion. These holdings were obtained at an average price of around $66,357 per bitcoin, marking an opportune selection of entry points when prices were relatively low. This near half-a-million holding makes Strategy one of the largest institutional holders of bitcoin in the world, putting the firm alongside such players as Galaxy Digital and Fidelity in a potential "currency revolution" in which transformation of financial markets is at stake.

Strategy's continued investment in bitcoin aligns with its vision of diversifying its financial portfolio and taking advantage of the