Michael Saylor’s Strategy has made another significant Bitcoin acquisition, purchasing $1.99 billion worth of the cryptocurrency as part of its ongoing 21/21 strategy.
This latest move follows closely after his recent appearance at CPAC 2025 and marks a key step in the company’s ambitious BTC accumulation plan.
In a recent post on X (formerly Twitter), Saylor revealed that the company had added 20,356 BTC to its reserves, bringing its total holdings to 499,096 BTC, valued at over $33 billion.
Despite the company’s recent rebrand from MicroStrategy to Strategy, its commitment to Bitcoin and its investment strategy remains unchanged. The latest purchase was made at an average price of $97,514 per Bitcoin, lower than the current market price of $95,000, but still substantial.
This move is part of the company’s ongoing effort to solidify its position as one of the largest corporate holders of Bitcoin. Strategy’s last purchase took place on February 10th, when it acquired $742 million worth of Bitcoin.
In addition to its substantial Bitcoin reserves, Strategy is supported by major financial institutions. Notably, BlackRock, the world’s largest asset manager with $11.6 trillion in assets, increased its stake in the company to 5% as of early February. This continued backing strengthens Strategy’s position as a leading advocate for Bitcoin.
As Bitcoin continues to consolidate above $100K, a critical market signal is flashing: BTC funding rates remain elevated, even as price action cools.
Billionaire investor Ray Dalio, founder of Bridgewater Associates, has suggested that a balanced investment portfolio should include up to 15% allocation to gold or Bitcoin, though he remains personally more inclined toward the traditional asset.
With Bitcoin hovering near $119,000, traders are weighing their next move carefully. The question dominating the market now is simple: Buy the dip or wait for a cleaner setup?
Bitcoin has officially reached the $116,000 milestone, a level previously forecasted by crypto services firm Matrixport using its proprietary seasonal modeling.