Bitcoin Shockwave: MicroStrategy Injects $2B for Massive BTC Acquisition

Microstrategy, now rebranded as Strategy, is once again making headlines with its aggressive Bitcoin acquisition strategy. The company has successfully raised $2 billion, positioning itself for another substantial Bitcoin purchase, further solidifying its status as the largest corporate holder of BTC.

Strategy’s Bold $2 Billion Fundraising Initiative

On February 20, 2025, Strategy (formerly Microstrategy) announced the pricing of its $2.0 billion offering in 0% convertible senior notes due 2030. This move signals the firm’s commitment to further increasing its Bitcoin reserves. The offering, expected to close on February 21, allows initial purchasers an option to acquire an additional $300 million in notes.

Utilization of Raised Funds

Strategy has outlined its intended use for the net proceeds, estimating approximately $1.99 billion (or $2.28 billion if the additional purchase option is fully exercised) after deducting expenses and fees. The company specified:

• The acquisition of additional Bitcoin

• General corporate purposes

• Working capital needs

This reinforces Strategy’s unwavering dedication to Bitcoin as its primary treasury reserve asset.

Details of the Convertible Senior Notes Offering

Terms of the Offering

The newly issued notes are senior, unsecured obligations set to mature on March 1, 2030. Notably, these notes bear no regular interest. Investors will have the opportunity to convert them under certain conditions before December 3, 2029, with full convertibility permitted thereafter until maturity.

Conversion and Redemption Rights

• The initial conversion rate is 2.3072 shares per $1,000 principal amount of notes.

• This translates to a conversion price of approximately $433.43 per share, representing a 35% premium over Strategy’s February 19, 2025, weighted average stock price of $321.05.

• Redemption rights become active on March 5, 2027, provided the stock price exceeds 130% of the conversion price for a predetermined period.

Strategy’s Dominance as the Largest Corporate Bitcoin Holder

With this latest fundraising initiative, Strategy reaffirms its position as the largest corporate holder of Bitcoin. The company currently possesses approximately 478,740 BTC, further demonstrating its long-term confidence in the cryptocurrency’s potential.

Michael Saylor’s Bullish Bitcoin Projections

Executive Chairman Michael Saylor remains one of Bitcoin’s most vocal advocates. His latest projections suggest that Bitcoin’s value could reach astonishing heights by 2045:

• Best-case scenario: $49 million per BTC

• Worst-case scenario: $3 million per BTC

• Baseline projection: $13 million per BTC

The Significance of Strategy’s Approach

Strategy’s aggressive acquisition, backed by capital markets, highlights its belief in Bitcoin’s long-term appreciation. The company’s strategic moves align with its vision of Bitcoin as a primary store of value and an integral component of corporate treasury management.

Frequently Asked Questions

1. What is Strategy’s latest Bitcoin purchase plan?

Strategy has raised $2 billion through convertible senior notes and intends to use the funds to acquire additional Bitcoin, alongside general corporate purposes.

2. How much Bitcoin does Strategy currently hold?

As of 2025, Strategy holds approximately 478,740 BTC, maintaining its status as the largest corporate Bitcoin holder.

3. What are the terms of Strategy’s latest convertible notes?

The notes are 0% interest-bearing, unsecured senior obligations maturing in 2030. Investors can convert them before December 2029 under specific conditions, with full convertibility thereafter.

4. What is Michael Saylor’s Bitcoin price prediction?

Michael Saylor projects Bitcoin could reach $13 million by 2045, with a best-case scenario of $49 million and a worst-case estimate of $3 million.

5. Why is Strategy so aggressive in acquiring Bitcoin?

Strategy views Bitcoin as a long-term store of value and a superior treasury asset, leveraging capital markets to continually expand its holdings.