Michael Saylor, co-founder of Strategy (formerly MicroStrategy), indicated a potential resumption of Bitcoin purchases following a brief hiatus. The company recently completed a $2 billion convertible note offering, which is part of its 21/21 initiative aimed at increasing its Bitcoin holdings. On February 10, Strategy acquired 7,633 Bitcoin, bringing its total to 478,740 BTC, valued at approximately $46 billion and reflecting a 47.7% gain on its investment. Saylor mentioned using 'intelligent leverage' in Q1 2025 to further finance Bitcoin acquisitions, reinforcing Strategy's position as the largest corporate Bitcoin holder. The company's Bitcoin acquisition strategy continues to attract substantial interest from prominent financial institutions, with firms like BlackRock investing in its shares and other securities. In total, 12 US state pension programs and treasury funds, including those from California, have exposure to Strategy, demonstrating growing institutional confidence.

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