Michael Saylor's Strategy Proposes $2B Plan For Bitcoin Purchase
In a move that continues to fortify Michael Saylor’s commitment to the leading crypto, Michael Saylor’s Strategy has announced a new $2 billion capital plan to buy more Bitcoin . The software technology firm announced the latest plan to offer $2 billion in convertible senior notes, with the funds from the purchase funding a new purchase of Bitcoin. Strategy most recently completed a purchase of $243M in Bitcoin. JUST IN: Michael Saylor's 'Strategy' to raise $2 billion to purchase more Bitcoin. — Watcher.Guru (@WatcherGuru) February 18, 2025 Since August 2020, the company has adopted a Bitcoin buying strategy. The asset’s unprecedented performance last year saw the move do wonders for Strategy (MSTR) stock, surging to an all-time high of $473 in November of last year. With BTC expected to have another dominant year in 2025, the company has shown no signs of slowing down its buying habits. In addition to the convertible senior notes, Strategy also expects to grant to the init...