After advising the US Government to buy Bitcoin last week, Saylor’s Strategy buys more Bitcoin. With the newly opened spreadsheet, Strategy controls over 2% of total BTC supply in the market.

Strategy has expanded its Bitcoin holdings, purchasing 20,356 BTC for $1.99 billion last week, per an SEC filing.

Chairman Michael Saylor said the firm acquired BTC at an average price of $97,514, though the cryptocurrency had dipped to $94,305 by publication.

The purchase was funded through Strategy’s at-the-market equity program, following a $2 billion convertible note offering that was fully subscribed.

Already the largest corporate Bitcoin holder, Strategy now owns 499,096 BTC—over 2% of the total supply.

Strategy has completed a $2 billion offering of convertible notes at 0% coupon and 35% premium, with an implied strike price of ~$433.43. $MSTR https://t.co/PsEdj3nm0i

— Michael Saylor⚡️ (@saylor) February 24, 2025

Michael Saylor: The U.S. Must Buy 20% of All Bitcoin—Before It’s Too Late!

Strategy co-founder Michael Saylor has proposed that the U.S. acquire 4 to 6 million BTC, arguing it could pay off the entire national debt—essentially obtaining 20% of Bitcoin’s supply “for free.”

At CPAC, Saylor advocated for a federal Bitcoin reserve, claiming it would strengthen the dollar and secure America’s financial dominance.

He warned that failing to act could let rival nations seize the opportunity first, stating, “You wouldn’t want the Saudis, Russians, Chinese, or Europeans to buy it first.” Michael Saylor Pushes U.S. to Buy 20% of Bitcoin Supply as States, Trump Eye BTC Reserves.

Michael Saylor is doubling down on his call for a U.S. federal Bitcoin reserve, urging the government to buy 20% of Bitcoin’s supply “like that”—a move he claims could wipe out national debt at no cost.

His remarks come as U.S. states move toward their own Bitcoin reserves, with Utah’s Senate panel recently advancing a BTC reserve bill. They also follow Donald Trump’s order last month to explore a federal Bitcoin reserve.

Saylor’s “free BTC” comment seemingly refers to the government’s ability to print unlimited dollars via Treasuries. The U.S. currently holds 183,422 BTC (~1% of supply), while the UK owns 61,245 BTC, and Germany offloaded $2.8 billion in BTC last year.

Meanwhile, Saylor’s firm, Strategy, dominates corporate Bitcoin holdings with over 430,000 BTC, making it the largest public company holder globally.