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    Home Saylor’s Strategy buys more Bitcoin, now controls over 2% of BTC supply
    Crypto

    Saylor’s Strategy buys more Bitcoin, now controls over 2% of BTC supply

    John SmithBy John SmithFebruary 24, 2025No Comments2 Mins Read
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    Strategy, formerly MicroStrategy, has purchased over 50,000 Bitcoin so far in 2025 as of late February.

    The dotcom-era software developer acquired 20,356 Bitcoin (BTC) for $1.99 billion last week, according to a disclosure filing with the U.S. Securities and Exchange Commission.

    Strategy executive chairman and BTC evangelist Michael Saylor noted that the firm purchased the tranche at an average price of $97,514. By publication time, Bitcoin was trading at $94,305 due to a market-wide correction.

    Strategy’s at-the-market equity program once again financed its BTC acquisition plan. Last week, Saylor announced $2 billion worth of convertible notes to buy more BTC. He confirmed that investors fully subscribed to the offering, and the company immediately deployed the capital into Bitcoin.

    Already the largest corporate BTC holder, Strategy expanded its crypto balance sheet even further. The business intelligence provider now owns 499,096 Bitcoin—more than 2% of all BTC that will ever exist.

    US should dominate Bitcoin supply, says Strategy’s boss

    Once a crypto skeptic, Saylor is now one of Bitcoin’s most vocal public advocates. He has inspired several firms to follow the ATM-to-BTC path but also seeks nation-state adoption.

    Speaking at CPAC in Washington, D.C., Saylor stated that the U.S. should acquire 20% of the Bitcoin network. He argued that only one country could command this supply, and it should be the United States.

    Lawmakers, however, are considering more conservative proposals in the Senate and state legislatures. Wyoming Senator Cynthia Lummis introduced legislation allowing the Federal Reserve to hold BTC and suggested purchasing 5% of Bitcoin’s supply over the next few years.



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