MicroStrategy announced it has completed a $2 billion private offering of 0% convertible senior notes due 2030, with an option for initial purchasers to buy an additional $300 million in notes. The company used the proceeds to acquire approximately 20,356 bitcoins for $1.99 billion at an average price of $97,514 per bitcoin. As of February 23, 2025, MicroStrategy holds a total of 499,096 bitcoins, acquired at an aggregate cost of $33.1 billion and an average price of $66,357 per bitcoin.