After rebrand, ‘Strategy’ shares 2025 targets
During its recent earnings call, the company formerly known as MicroStrategy, now branded as Strategy, outlined ambitious goals for 2025. CEO Phong Le detailed their strategy to secure $21 billion in equity and $21 billion from fixed-income securities over the next two years, aided by favorable market conditions. As of early February, Strategy held 471,107 BTC, valued at approximately $46 billion, having acquired a significant portion in 2024 for an average price of $85,447 per BTC. In Q4, the company raised $15 billion through equity and $3 billion via convertible debt. Looking towards 2025, the focus will shift to issuing fixed-income securities, targeting a long-term leverage of 20-30% of their BTC holdings. Additionally, Strategy has increased its BTC yield target to at least 15%. While the company aims for a $10 billion gain from BTC treasury operations, it has launched a merchandise store to further diversify its initiatives.
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