Strategy Purchases 21,021 BTC for $2.46 Billion With Preferred Stock Sale Proceeds

TL;DR

• Michael Saylor’s Strategy has splashed another $2.46 billion on Bitcoin.

• The company now holds nearly $75 billion worth of Bitcoins.

Strategy Purchases Another 21k Bitcoins

Michael Saylor’s Strategy, the world’s largest corporate Bitcoin holder, has added more bitcoins to its balance sheet. The company announced on Tuesday that it purchased roughly $2.4 billion worth of BTC using the funds from its new preferred stock (STRC) issuance.

Strategy revealed that it sold nearly $2.5 billion worth of STRC, also dubbed "stretch," to investors, significantly more than the originally planned $500 million.

Strategy has acquired 21,021 BTC for ~$2.46 billion at ~$117,256 per bitcoin and has achieved BTC Yield of 25.0% YTD 2025. As of 7/29/2025, we hodl 628,791 $BTC acquired for ~$46.08 billion at ~$73,277 per bitcoin. $MSTR $STRK $STRF $STRD $STRC https://t.co/PEQQGfvkYe

— Michael Saylor (@saylor) July 29, 2025

STRC, which aims to deliver a regular dividend to investors initially set at a 9% rate, will start trading on Wednesday on the Nasdaq stock exchange. Strategy used the proceeds to purchase 21,021 BTC at an average price of $117,256.

Thanks to this latest acquisition, Strategy's bitcoin holdings now stand at 628,791 BTC, worth nearly $74 billion at current prices. BTC is trading at $118,113, down 1% in the last 24 hours.