English | Español | Français
Market Cap: $ 3.43 T 24h Vol: $ 97.42 B BTC Share: 60.94%
BTCNEWS
  • Bitcoin
  • ETF
  • Prices
  • Exchanges
  • Glossary
bitcoinBTC/USD
$ 105,302.21 0.97%
No Result
View All Result
BTCNEWS
  • Bitcoin
  • ETF
  • Prices
  • Exchanges
  • Glossary
BTCNEWS
No Result
View All Result
Home Latest

Saylor’s Strategy Ramps Up Bitcoin Purchase, Now Dominates Over 2% of Total BTC Supply

Doubling Down on Digital Gold: Strategy's Latest Acquisition Takes Its Total Bitcoin Holdings Above 50,000

Mark Valerius by Mark Valerius
February 24, 2025
Share on FacebookShare on Twitter

Key Points

  • Strategy, previously known as MicroStrategy, has bought over 50,000 Bitcoin (BTC) as of February 2025.
  • Michael Saylor, Strategy’s executive chairman and BTC advocate, suggested that the U.S. should acquire 20% of the Bitcoin network.

In 2025, Strategy, which was formerly MicroStrategy, has amassed over 50,000 Bitcoin (BTC).

This acquisition was revealed in a disclosure filing with the U.S. Securities and Exchange Commission, which stated that the software developer from the dotcom era purchased 20,356 Bitcoin (BTC) for $1.99 billion.

Strategy’s Bitcoin Acquisition

Michael Saylor, Strategy’s executive chairman and a strong advocate for Bitcoin, disclosed that the company bought the tranche at an average price of $97,514. At the time of the announcement, Bitcoin’s market price was $94,305 due to a market-wide correction.

The company’s at-the-market equity program was once again used to finance its Bitcoin acquisition. Saylor revealed that the company raised $2 billion through convertible notes to purchase more Bitcoin. The offering was fully subscribed by investors, and the capital was immediately invested in Bitcoin.

As the largest corporate holder of Bitcoin, Strategy has expanded its crypto balance sheet further. The business intelligence provider now owns 499,096 Bitcoin, which is over 2% of all Bitcoin that will ever exist.

US Dominance in Bitcoin Supply

Michael Saylor, once a crypto skeptic, has become one of the most prominent public advocates for Bitcoin. He not only inspired several firms to follow the ATM-to-BTC path but also advocates for nation-state adoption.

At the CPAC event in Washington, D.C., Saylor proposed that the U.S. should acquire 20% of the Bitcoin network. He argued that only one country could dominate this supply, and that country should be the United States.

However, lawmakers are contemplating more conservative proposals. For instance, Wyoming Senator Cynthia Lummis introduced legislation that would allow the Federal Reserve to hold Bitcoin and proposed the purchase of 5% of Bitcoin’s supply over the next few years.

Tags: Bitcoin (BTC)

Related News

united kingdom bitcoin

Bank Of England Mulls Digital Asset Reserve? UK Political Party Suggests

June 2, 2025
pakistan imf bitcoin

IMF Raises Alarm Bells Over Pakistan’s Bitcoin Reserve Plans

June 2, 2025
meta facebook

Meta Shareholders Reject $72 Billion Bitcoin Treasury Plan

June 2, 2025
binance court

SEC Dismisses $4.3 Billion Binance Lawsuit In Historic U-Turn

May 30, 2025
bitcoin
Bitcoin (BTC)
Rank: 1
$ 105,302.21
Price (BTC)
Ƀ1.00000000
Marketcap
$ 2.09 T
Volume
$ 23.02 B
24h Change
0.97%
Total Supply
19.87 M BTC

  • About Us
  • Contact
  • Advertise
X-twitter Telegram Facebook Instagram Youtube Medium Linkedin

Information you can trust

BTCNews.com provides Bitcoin news and other cryptocurrency news, reaching millions of crypto enthusiasts daily.

It offers comprehensive coverage of business, financial, and international news related to digital assets.

Serving professionals through digital platforms, industry conferences, and direct updates, BTCNews.com is a premier provider of blockchain and crypto news.

Disclaimer: The information provided by BTCNews.com is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments are highly volatile and involve significant risks.

Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. BTCNews.com is not responsible for any losses incurred due to the use of information provided on this site.

  • © 2008 - 2024 BTCNews.com
  • Terms of Use
  • Privacy
  • Cookies
No Result
View All Result
  • Market
    • Crypto Prices
    • Crypto Exchanges
  • Learn
    • Glossary
  • News
    • Latest

© 2008 - 2024 BTCNews.com