Strategy Acquires 20,356 Bitcoin For $1.99 Billion, Boosts 2025 BTC Yield To 6.9%

Strategy Incorporated (NASDAQ:MSTR) announced it acquired 20,356 Bitcoin for approximately $1.99 billion at an average price of $97,514 per Bitcoin (CRYPTO: BTC) between Feb. 18 and Feb. 23, achieving a year-to-date BTC Yield of 6.9%.

What Happened: As of Feb. 23, the company holds 499,096 Bitcoin, purchased for an aggregate $33.1 billion at an average price of $66,357 per Bitcoin, according to a Securities and Exchange Commission filing.

The Bitcoin purchase was funded using proceeds from a $2.0 billion private offering of 0% convertible senior notes due 2030, …

Full story available on Benzinga.com

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