Bitcoin treasury company Strategy (MSTR) has purchased 13,627 Bitcoin for $1.25 billion, averaging $91,519 per token. CEO Michael Saylor predicts Bitcoin will reach $1 million by 2029. The company’s market cap is $46.6 billion, while shares are down 46% in the past year.

Strategy aims for a BTC yield of 30% and a $20 billion gain in BTC value in 2025. The company plans to increase Bitcoin exposure per share by raising capital through equity and debt issuances. Strategy’s core growth strategy, the “21/21 Plan,” looks to secure $21 billion in equity and debt for Bitcoin accumulation.

The company transforms Bitcoin holdings into structured financial products through a “digital credit factory.” Tax-deferred characteristics benefit shareholders, and preferred equity instruments help manage Bitcoin’s price volatility. Strategy’s software business continues alongside its Bitcoin focus, generating recurring revenue.

Challenges include competition in the crypto treasury space, capital access pressure, and dilution risk through convertible notes. Analysts give a “Strong Buy” rating for Strategy’s stock, with a mean target price of $473.79, indicating a potential 174% upside. No positions in mentioned securities.

Read more at Yahoo Finance: MicroStrategy Just Exponentially Increased Its Bitcoin Purchases. What Does That Mean for MSTR Stock?