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July 21, 2025

Billionaire Michael Saylor Boosts Bitcoin Holdings with New 6,220 BTC Purchase Tanzeel Akhtar | usagoldmines.com

Billionaire executive chairman Michael Saylor has bolstered his firm’s Bitcoin war chest once again. Strategy disclosed on Monday that it acquired an additional 6,220 BTC for approximately $739.8 million, at an average price of $118,940 per Bitcoin during the week ending July 20, 2025.

This aggressive accumulation brings the company’s total Bitcoin holdings to a staggering 607,770 BTC, purchased at an aggregate cost of $43.61 billion, or an average price of $71,756 per BTC.

Purchase Funded via ATM Equity Offerings

The filing shows that the Bitcoin purchase was financed through proceeds raised under Strategy’s at-the-market (ATM) equity programs, which span several security classes. Between July 14 and July 20, Strategy raised $740.3 million across four separate ATM programs:

  • MSTR Shares (Common Stock): 1,636,373 shares sold, generating $736.4M in net proceeds
  • STRK Preferred Shares (8.00% Strike): 5,441 shares sold, raising $0.7M
  • STRF Preferred Shares (10.00% Strike): 2,000 shares sold for $0.2M
  • STRD Preferred Shares (10.00% Stride): 31,282 shares sold for $3.0M

Each of these instruments falls under massive, multi-billion-dollar issuance programs, including a $21B authorization for both MSTR and STRK classes, demonstrating Saylor’s continued ability to convert equity into Bitcoin reserves at scale.

Strategy Now Holds Over $43B in BTC

As of July 20, the company holds over $43 billion worth of Bitcoin, solidifying its position as the largest corporate holder of BTC globally.

With Bitcoin’s price well above Strategy’s average acquisition cost, the firm is enjoying a year-to-date BTC yield of 20.8% in 2025, reaffirming the effectiveness of its long-term crypto treasury strategy.

Saylor remains vocal in his conviction that Bitcoin is the world’s ultimate store of value. The latest acquisition shows his belief that corporate treasuries should hold Bitcoin as a primary reserve asset. Strategy’s accumulating pace and financial engineering continue to make it a bellwether for institutional crypto adoption.

Bitcoin’s Minor Pullback from $123K ATH

Bitcoin experienced a potential deeper pullback during Asia trading hours on Monday, after consolidating near $117,000. The crypto is currently just below last week’s all-time high of $123,000 and is retracing, trading just above $118,263 at the time of writing.

Bitcoin has displayed a bullish pennant pattern following a strong vertical rally to $123K. A pennant or a flag formation in July indicates the impending continuation of a strong upward price movement.

Despite Bitcoin’s minor 24-hour decline, several key market announcements have indicated ongoing bullish momentum. For instance, Saylor on Saturday hinted at a new Bitcoin accumulation strategy for his largest corporate BTC holder Strategy, using the phrase “Stay humble, stack sats.”

The post Billionaire Michael Saylor Boosts Bitcoin Holdings with New 6,220 BTC Purchase appeared first on Cryptonews.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

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