Will Strategy Inc.’s Bitcoin Purchase Drive Price Surges?

Strategy Inc., formerly known as MicroStrategy, recently made a substantial Bitcoin acquisition by purchasing approximately 20,356 bitcoins for $1.99 billion. This purchase, executed between February 18 and 23, 2025, involved an average price of $97,514 per bitcoin, bringing their total holdings to 499,096 tokens valued at approximately $47.8 billion. This strategic move was funded through a $2 billion convertible bond offering that allows investors to convert the bonds into equity at a rate of $433.43 per share.