information<\/a><\/strong>, the company made no acquisitions between June 30 and July 6\u2014marking a rare break in what had been a consistent buying streak.<\/p>\nCo-founder and executive chairman Michael Saylor has spearheaded the company\u2019s aggressive accumulation strategy since 2020. As of now, Strategy holds 597,325 BTC\u2014representing over 2.8% of Bitcoin\u2019s total supply. Acquired at an average cost of $70,982 per coin, the holdings are currently worth more than $65 billion, reflecting a paper profit of roughly $22.6 billion.<\/p>\n
Funding the Bitcoin Reserve<\/h2>\n
Strategy has primarily financed its acquisitions through the sale of various stock offerings. In the most recent quarter ending June 30, the company raised $6.8 billion from at-the-market sales of its Class A common stock and a series of perpetual preferred shares under the STRK, STRF, and STRD tickers.<\/p>\n
The company\u2019s Bitcoin-first approach has made it a bellwether for institutional adoption of digital assets. The pause in purchasing does not indicate a reversal of its long-term strategy, but it may reflect tactical positioning as the market consolidates around the $105,000\u2013$110,000 range.<\/p>\n