Bitcoin treasury firm Strategy—formerly known as MicroStrategy—has expanded its already-massive BTC holdings with a fresh $472.5 million acquisition.
The company added 4,225 BTC between July 7 and July 13 at an average price of $111,827 per coin, according to a July 14 Form 8-K filing with the U.S. Securities and Exchange Commission.
This latest purchase brings Strategy’s total Bitcoin stash to 601,550 BTC, acquired for approximately $42.87 billion at an average cost of $71,268 per Bitcoin. At current prices above $121,000, the firm now holds more than $73 billion in Bitcoin—representing over $30 billion in unrealized gains.
With 601,550 BTC under its control, Strategy holds more than 2.8% of Bitcoin’s fixed 21 million supply, further cementing its position as the world’s largest publicly traded corporate holder of the cryptocurrency. The announcement was accompanied by a bold claim of achieving a 20.2% BTC yield year-to-date in 2025, a metric reflecting Bitcoin-denominated capital efficiency or appreciation.
Michael Saylor, Strategy’s co-founder and executive chairman, confirmed the purchase and BTC yield milestone via social media, stating that the company’s treasury strategy continues to outperform amid institutional demand and a strengthening macro outlook for Bitcoin.
The move follows a broader wave of institutional buying and spot ETF inflows in the U.S., fueled by improving regulatory clarity. The firm’s 8-K filing reaffirmed its continued listing on Nasdaq under the tickers $MSTR, $STRK, $STRF, and $STRD, signaling its intent to maintain multiple stock classes, including preferred shares.
Strategy’s aggressive BTC accumulation strategy appears to be paying off. As Bitcoin flirts with all-time highs, eyes now turn to whether other corporates and sovereign entities will follow in building BTC reserves—and how this concentration of holdings might impact Bitcoin’s long-term supply dynamics.
Standard Chartered has taken a major step into the cryptocurrency space, becoming the first globally systemically important bank to offer spot trading for Bitcoin (BTC) and Ethereum (ETH) to institutional clients.
TD Cowen has boosted its price target for Strategy (formerly MicroStrategy) to $680, up from $590.
Bitcoin (BTC) has hit a new all-time high today at $123,090 as per data from CoinMarketCap and trading volumes have exploded as a result. Nearly $180 billion worth of Bitcoin has exchanged hands in the past 24 hours. This represents a 284% increase during this period. This volume accounts for 7.5% of BTC’s circulating supply. […]
As Bitcoin surged to another record high above $123,000 on Monday, analysts at Bernstein offered a bullish long-term outlook for the digital asset, forecasting a transformative period ahead for the entire crypto sector.