Bitcoin News Today: Strategy Acquires 6,220 Bitcoins Worth $739.8 Million, Boosts Holdings by 64.85%

Generated by AI AgentCoin World
Monday, Jul 21, 2025 2:56 pm ET1min read
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Aime RobotAime Summary

- Strategy's CEO Michael Saylor added 6,220 BTC ($739.8M) to its holdings, now totaling 607,770 BTC valued at $72.2B.

- The purchase funded via $736.4M stock sales and $4M from preferred shares boosted unrealized gains to $28.2B (64.85% increase).

- As a treasury reserve asset adopted by 250+ entities, Strategy's Bitcoin strategy highlights its inflation-hedging and value-storage potential.

Michael Saylor, the CEO of Strategy, has once again demonstrated his unwavering commitment to

Bitcoin
accumulation. Last week, the company acquired 6,220
Bitcoins
, valued at approximately $739.8 million. This purchase was made at an average price of $118,940 per Bitcoin, as disclosed in the company's filing with the US Securities and Exchange Commission. This latest acquisition brings Strategy's total Bitcoin holdings to 607,770 BTC, purchased for a total of $43.61 billion, with an average price of $70,982 per Bitcoin. Given the current market price of Bitcoin at $118,890, Strategy's Bitcoin stash is now valued at over $72.2 billion.

The company's Bitcoin investment has yielded significant returns, with an approximate 64.85% increase in value, resulting in over $28.2 billion in unrealized gains. This success is a testament to Strategy's strategy of holding Bitcoin as a treasury reserve asset, a move that has been embraced by over 250 public and private companies, government bodies, and other entities. The company's latest purchase was funded through the sale of $736.4 million of common stock and an additional $4 million raised from the sale of its three preferred issuances.

Strategy's Bitcoin accumulation strategy is part of a broader trend of companies embracing Bitcoin as a treasury reserve asset. This trend, along with spot exchange-traded funds inflows and major legislative overhaul of cryptocurrency regulations in the US, continues to drive Bitcoin demand in the current bull cycle. The company's latest purchase is a clear indication of its commitment to this strategy, and its success serves as a testament to the potential of Bitcoin as a store of value.

On Sunday, Saylor published an infographic about Strategy accumulating Bitcoin. Each purchase was marked with an orange dot on it, orange being the color associated with BTC. He hinted at a new Bitcoin purchase with just four words: “Stay Humble. Stack Sats.”

Strategy's latest Bitcoin acquisition is a significant move in the company's ongoing strategy to accumulate as much Bitcoin as possible. The company's unwavering commitment to Bitcoin as a treasury reserve asset has resulted in significant returns and has positioned Strategy as a leader in the Bitcoin treasury space. The company's success serves as a testament to the potential of Bitcoin as a store of value and a hedge against inflation.