Bitcoin News Today: Michael Saylor’s Strategy cuts Bitcoin buys by 39% in July amid volatility, expands equity raise to $2.52B

Michael Saylor’s Strategy, the largest public Bitcoin holder, reported a 39% decline in Bitcoin purchases during July 2025 compared to June, marking a significant slowdown in its accumulation pace amid market volatility. The firm acquired only 10,445 BTC in July, down from 17,075 BTC in June, with no purchases recorded in the first and last weeks of the month. Despite this reduction, total holdings remain stable at 607,770 BTC, reflecting a strategic pause rather than a sell-off [1]. The company’s decision aligns with broader market dynamics, including Bitcoin’s price fluctuations, which briefly exceeded $119,000 during the period [2].

The slowdown contrasts with earlier months, where purchases peaked at 26,695 BTC in May and 25,370 BTC in April. Strategy’s SEC filings highlight a cautious approach, noting that the firm’s inactivity coincided with a large private investor’s sale of 80,000 BTC. This divergence in buying behavior underscores market uncertainty as institutions navigate price swings and macroeconomic risks [3].

To sustain future Bitcoin acquisitions, Strategy expanded its Series A perpetual stretch preferred stock (STRC) offering from $500 million to $2.521 billion. Priced at $90 per share, the equity-raising mechanism aims to fund Bitcoin purchases gradually while preserving capital flexibility. This move complements existing instruments like the Series A perpetual strike preferred stock (STRK), forming what co-founder Michael Saylor describes as a “Bitcoin defense department” to support long-term accumulation [4].

The firm’s capital structure adjustments reflect a broader trend in institutional Bitcoin strategies. Public companies are increasingly adopting tailored approaches to balance aggressive accumulation with prudence amid market volatility. For instance, DeFi Technologies noted a “more widely distributed” pattern of corporate Bitcoin purchases in July, indicating diversified demand rather than concentration in a single entity [5]. This shift highlights maturing institutional adoption, where firms prioritize strategic capital deployment over uniform buying cycles.

Market analysts view Strategy’s July pause as a calculated response to macroeconomic uncertainties. While Bitcoin’s price dipped below $116,000 in July, the firm has maintained confidence in its long-term value proposition. The company’s focus on acquiring Bitcoin at discounted prices could gain traction if market stability returns, but the reduced July activity suggests a temporary recalibration rather than a reversal of its core strategy [6].

The interplay between corporate Bitcoin strategies and macroeconomic factors is becoming increasingly pronounced. Analysts attribute the July slowdown to broader concerns about U.S. inflation and interest rate trajectories, which have prompted institutional buyers to adopt selective accumulation tactics. Strategy’s emphasis on capital preservation aligns with this trend, positioning the firm to capitalize on opportunities while mitigating downside risks [7].

By maintaining steady holdings and expanding equity offerings, Strategy reinforces its commitment to Bitcoin as a strategic asset. The firm’s ability to adapt to shifting market conditions underscores the evolving role of institutional investors in shaping the cryptocurrency landscape.

Sources:

[1] [Michael Saylor’s Strategy Reports Reduced Bitcoin Purchases Amid July Buying Slowdown](https://en.coinotag.com/michael-saylors-strategy-reports-reduced-bitcoin-purchases-amid-july-buying-slowdown/)

[2] [Bitcoin News | CryptoDnes.bg](https://cryptodnes.bg/en/news/bitcoin/)

[3] [Metaplanet Inc. (3350.T) Stock: Doubles Down on Crypto](https://coincentral.com/metaplanet-inc-3350-t-stock-doubles-down-on-crypto-with-780-btc-buy-eyes-100k-by-year-end/)

[4] [DeFi Technologies普通股期权交易已在纳斯达克上市](https://www.coinglass.com/ru/news/521519)

[5] [Microsoft, Apple, Amazon highlight parade of Q2 results](https://finance.yahoo.com/news/live/earnings-live-microsoft-apple-amazon-highlight-parade-of-q2-results-this-week-114303064.html)

[6] [Initial claims for state unemployment benefits dropped](https://www.instagram.com/p/DMk4ToAOldT/)

[7] [Microsoft, Apple, Amazon highlight parade of Q2 results](https://finance.yahoo.com/news/live/earnings-live-microsoft-apple-amazon-highlight-parade-of-q2-results-this-week-114303064.html)