cyrpto 1.99b, adds, Bitcoin, BTC, corporate, expanding, holdings, strategy Mark February 24, 2025 0 Comments

Strategy adds 20,356 Bitcoin for $1.99b, expanding corporate BTC holdings

Publisher’s note: The title of this article has been updated to reflect the fact that the strategy held more than 2% of the total BTC offer since the end of 2024.

The strategy, formerly Microstrategy, bought more than 50,000 bitcoin up to 2025 at the end of February.

The Dotcom era software developer acquired 20,356 bitcoin (BTC) for $ 1.99 billion last week, according to disclosure deposit With the American Commission for Securities and Exchange.

The executive president of the BTC strategy and evangelist of the BTC Michael Saylor noted that the company had bought the tranche at an average price of $ 97,514. At the time of publication, Bitcoin was negotiated at $ 94,305 due to a market -scale correction.

The strategy’s equity program has once again financed its BTC acquisition plan. Last week, Saylor announced a value of $ 2 billion in convertible tickets to buy more BTC. He confirmed that investors completely subscribed to the offer and that the company immediately deployed capital in Bitcoin.

Already the largest holder of the corporate BTC, the strategy has further expanded his crypto assessment. The business intelligence supplier now holds 499,096 Bitcoin – more than 2% of all BTCs that will ever exist.

The United States should dominate the supply of Bitcoin, says the boss of Strategy

Formerly skeptical Crypto, Saylor is now one of the most vocal Bitcoin public defenders. He has inspired several companies to follow the ATMC path in BTC but also seeks the adoption of the nation state.

Speaking at the CPAC in Washington, DC, Saylor declared that the United States should acquire 20% of the Bitcoin network. He argued that one country could order this offer and it should be the United States.

The legislators, however, envisage more conservative proposals in the Senate and the legislatures of the States. Wyoming senator Cynthia Lummis presented legislation allowed The federal reserve to hold BTC and suggested buying 5% of the Bitcoin offer in the coming years.