Strategy, previously known as Microstrategy, announced that Bitcoin has maintained its strategy and issued a 2 billion dollar convertible bonds for BTC purchases and operational expenditures.
Bitcoin investments continue within the scope of the 21/21 plan
The company increases its investments in line with the 21/21 plan aiming to finance Bitcoin purchases with 21 billion dollars of debt and $ 21 billion equity. The prominent details of the announcement:
- The interest rate of the bonds will be 0 %and the maturity will be filled on March 1, 2030.
- Every $ 1,000 bond can be converted with 2,3072 Class A shares.
- The conversion price was determined as $ 433.43, which is over 35 %of the current market price.
The company will only present these bonds to qualified corporate investors. In addition, after the first export, there is an additional bond sales option of $ 300 million in five working days.
Strategy’s Bitcoin accumulation policy leads to both positive and negative reactions in the market. The company’s leverage balance sheet management method is found risky by some investors, while others consider this strategy as a bold move for the future.
Kriptokoin.comAs we have mentioned, the company said that at the beginning of February 2025, Bitcoin had taken a break from the purchasing strategy.
Strategy continues to grow despite the fourth quarter of 2024
Following the re -branding of Microstrategy on February 5 as Strategy, Blackrock, the world’s largest asset management company, increased its share in the company’s shares to 5 %.
Following this development, Strategy shares gained 2.8 %on February 7. Blackrock reinforced the confidence in the Bitcoin strategy of the company’s Bitcoin strategy with $ 11.6 trillion.
On February 10, the company acquired 7,633 BTCs and increased its total Bitcoin assets to 478.740 BTC. The total value of these assets is about 46.4 billion dollars.
According to current market prices, Strategy’s Bitcoin investments are over 49 %of the total investment return of approximately $ 15 billion.
US states also invest in strategy shares
The state treasures and pension funds of 12 states in the US have a total strategy shares worth $ 330 million in total.
These states include California, Florida, Wisconsin and North Carolina, among the highest strategy investments.
According to the company’s fourth quarter balance sheet report, a total of 218,887 BTCs were purchased in the last quarter. This was recorded as Strategy’s largest three -month Bitcoin purchasing so far.
However, these aggressive Bitcoin investments caused the company to announce a net loss of $ 670 million in the last quarter of 2024. While Strategy’s Bitcoin accumulation strategy continues unabated, how the market will react to this policy continues to be a matter of curiosity.
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