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.