Billionaire Michael Saylor continues doubling down on Bitcoin. His firm, Strategy, disclosed a fresh acquisition of 6,220 BTC, spending nearly $740 million during the week ending July 20, 2025. The average buy price was $118,940 per Bitcoin, as Strategy capitalized on its slight pullback from its recent $123K all-time high.
Strategy now holds 607,770 BTC, valued at over $43 billion. Its total purchases have cost $43.61 billion at an average price of $71,756 per BTC, securing its spot as the largest corporate holder of it globally.
The acquisition was funded through proceeds from Strategy’s at-the-market (ATM) equity offerings across four security classes, including MSTR common stock and preferred shares (STRK, STRF, and STRD). Altogether, $740.3 million was raised between July 14 and July 20.
Despite its brief dip to near $117K, its technical charts hint at a bullish continuation, with a pennant pattern forming after a rally to $123K.
Saylor’s long-standing view of Bitcoin as the ultimate store of value remains unchanged. His “stay humble, stack sats” approach continues to make Strategy a leader in corporate adoption.
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