Strategy, previously known as MicroStrategy, appears to be gearing up for a significant Bitcoin purchase, as hinted by the company's co-founder, Michael Saylor, on social media.

The buzz surrounding this potential move heightened after Saylor shared a Bitcoin tracker on X (formerly Twitter) on February 23. Saylor's enigmatic post implied that recent Bitcoin transactions were not yet depicted in the tracker, leading to speculation within the crypto community.

Given Saylor's history of sharing such charts before notable Bitcoin acquisitions, many believe that Strategy is on the brink of a major purchase. Some even suggest that the company might allocate up to $2 billion for Bitcoin, in line with its recent financing through convertible bonds.

These bonds, set to mature in March 2030, do not bear interest but can be converted into company stock, acting as unsecured senior obligations. This move is part of Strategy's ambitious "21/21 Plan," aimed at securing $42 billion for BTC investments, with $21 billion targeted through equity sales and another $21 billion via fixed-income securities.

Transitioning from its software-focused roots, Strategy has transformed into the largest corporate holder of Bitcoin, significantly capturing investor interest and landing its stock in the Nasdaq-100 index.

In its latest Bitcoin move on February 10, Strategy acquired 7,633 BTC for $742.4 million, raising its total holdings to 478,740 BTC, valued at around $47 billion, from an overall investment of $31.1 billion.

Furthermore, Strategy highlighted that its MSTR convertible bonds have yielded a 71% return since issuance, outperforming Bitcoin itself. The company's proactive BTC strategy has not only driven its own success but also inspired over 70 publicly traded firms globally to diversify their reserves with Bitcoin, influenced by Saylor's forward-thinking approach.