A cryptic post by Michael Saylor has sparked speculation that Strategy is preparing a $2 billion bitcoin purchase after its latest fundraising move Members of the
community have speculated that Strategy is preparing a $2 billion #bitcoin purchase based on its recent stock offering. They believe that the company may be planning a bitcoin purchase. Strategy's strong bitcoin-focused strategy has not only boosted the company's stock price, but has also impacted more than 70 listed companies. Strategy, formerly known as #MicroStrategy , may be gearing up for a massive bitcoin investment again.
Speculation intensified after the company's co-founder Michael Saylor posted a subtle hint on social media. Mr. Saylor shared a bitcoin tracker on X (formerly Twitter) on Feb. 23. His cryptic comments suggest that recent transactions have yet to show up on the tracker.
"I don't think it reflects anything I did last week, Mr. Saylor wrote. Given his history of posting similar updates before major purchases, the crypto community was quick to assume that Strategy was preparing another acquisition. Nikolaus Hoffmann commented, "The fact that Michael Sailor has published a #BTC purchase tracker again means that Strategy will announce another major bitcoin purchase tomorrow.
In the meantime, there are indications that Strategy is preparing to spend up to $2 billion on bitcoin, which coincides with its recent decision to raise funds through convertible bonds. The bonds are non-interest-bearing but convertible into shares of the company's stock, maturing in March 2030 and acting as unsecured senior debt.
The fundraising is part of the 21/21 Plan, which aims to raise US$42 billion to invest in bitcoin. The company plans to raise $21 billion through stock sales and $21 billion through debt.
The company was originally a software company, but as a result of the strategy, it has become the largest bitcoin holder.
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