MicroStrategy continues to purchase Bitcoin without slowing down. The company increased its total Bitcoin holdings to 478,740 by buying 7,633 BTC worth $742 million. Michael Saylor, the CEO of MicroStrategy, announced plans to increase the use of “intelligent leverage” to acquire more Bitcoin in the first quarter of 2025.

Michael Saylor, the co-founder of Strategy, formerly known as MicroStrategy, made significant statements indicating that the company will continue to purchase Bitcoin (BTC) without slowing down.

Saylor announced the latest Bitcoin purchase on February 10.

In this purchase, the company increased its total Bitcoin holdings to 478,740 BTC by buying 7,633 Bitcoins at a cost of over $742 million.

According to SaylorTracker data, Strategy’s BTC accumulation has exceeded $46 billion at the time of writing. With the increase in BTC prices, the company currently has a profit of 47.7% in its investment.

Saylor made an important statement about the company’s future plans. He stated that the company aims to increase the use of “intelligent leverage” to make more Bitcoin purchases in the first quarter of 2025. With this strategy, MicroStrategy plans to consolidate its position as the largest corporate owner of Bitcoin.

Despite concerns about the sustainability of Bitcoin purchases, major financial institutions continue to support the company’s strategy.

For example, BlackRock, the world’s largest asset manager, increased its stake in Strategy to 5% with an application on February 6, showing confidence in the strategy to continue investing in the company’s Bitcoin-themed marketing plan.

In addition, 12 states in the United States hold Strategy shares under retirement programs or treasury funds. These states include Arizona, California, Colorado, Florida, Illinois, Louisiana, Maryland, North Carolina, New Jersey, Texas, Utah, and Wisconsin. The California State Teachers’ Retirement Fund stands out as the fund with the highest visibility among these state funds, with an investment of approximately $83 million in Strategy shares.

Finally, on February 20, Strategy announced the pricing of a $2 billion convertible bond portion to acquire more Bitcoin.

This move stands out as a financing tool that supports the company’s plans to accelerate Bitcoin purchases.