Strategy Spends Another $34.9 Million to Buy 520 Bitcoin

Strategy, formerly known as MicroStrategy, has made Bitcoin accumulation the centerpiece of its treasury strategy, financing purchases through common stock, preferred shares and debt. Its fundraising activity and liquidity are closely watched because the company is the largest corporate holder of Bitcoin. A larger dollar reserve gives Strategy more flexibility to cover operating costs, interest and preferred-stock dividends without selling its cryptocurrency holdings.

Strategy said on July 20, 2026, that it raised $263.5 million from its latest sales of MSTR common stock, lifting its U.S. dollar cash reserve to $3.225 billion. The company neither bought nor sold Bitcoin during the week ended July 19, marking a second consecutive week without an acquisition. Its holdings remained unchanged at 843,775 Bitcoin, as new equity proceeds were retained in cash rather than deployed into the cryptocurrency.

Strategy, formerly known as MicroStrategy, has treated Bitcoin as a core treasury asset since August 2020 and has continued adding to its holdings through equity and debt financing. The strategy, led by Michael Saylor, has made it the world’s largest publicly traded corporate holder of Bitcoin while closely tying its share price to cryptocurrency market movements.

Strategy disclosed in a Form 8-K filed on July 13, 2026, that it had raised funds through its at-the-market equity offering programs during the previous week and purchased 1,587 Bitcoin for about $100 million. The transaction increased its total holdings to 846,842 Bitcoin, with cumulative acquisition costs exceeding $64 billion.

Strategy, formerly MicroStrategy (Nasdaq: MSTR), has treated Bitcoin as a core asset since 2020 and has continued accumulating it by raising funds through stock issuance. It is the world’s largest publicly traded corporate holder of Bitcoin, and its transactions are widely viewed as key indicators of corporate adoption and market liquidity.

Strategy disclosed on June 8, 2026, that it spent $101 million to buy 1,550 Bitcoin between June 1 and June 7 at an average price of about $65,332 each, increasing its holdings to 845,256 Bitcoin. It had previously sold 32 Bitcoin between May 26 and May 31 to pay preferred-stock dividends but resumed accumulating immediately afterward.

Strategy, formerly known as MicroStrategy, has long treated Bitcoin as a core asset, raising funds through stock issuance to finance continued purchases. The company has become a key gauge of corporate crypto adoption. Its vast holdings affect its financial performance and have also drawn market scrutiny of the risks arising from equity financing and Bitcoin price volatility.

Strategy spent about $43 million in early May to buy another 535 Bitcoin, increasing its total holdings to 818,869 and formally taking the figure above 810,000. At current market prices, the holdings carry an estimated unrealized gain of about $4.6 billion. The company plans to continue its long-term strategy of issuing stock and buying more Bitcoin.

Strategy, formerly known as MicroStrategy, has treated Bitcoin as a core asset since 2020, financing purchases through common and preferred stock issuance. It has become the world's largest publicly traded corporate holder of Bitcoin. The scale of its holdings and its financing model affect its share price and balance-sheet risk, making the company an important gauge of corporate Bitcoin adoption.

In a filing on April 20, 2026, Strategy said it bought 34,164 Bitcoin for about $2.54 billion from April 13 to 19, paying an average of $74,395 per coin. It was the company's third-largest weekly purchase on record. As of April 19, Strategy held 815,061 Bitcoin acquired for about $61.56 billion at an average cost of $75,527 per coin.

Strategy, formerly known as MicroStrategy, has continued raising funds through equity and debt instruments to buy Bitcoin under Michael Saylor, making BTC a core asset. The company recently raised capital through STRC perpetual preferred stock carrying an 11.5% dividend rate. Saylor said an annual Bitcoin gain of more than 2% would be enough to cover the dividend, underscoring the company's highly leveraged capital strategy.

Strategy added 3,468 Bitcoin on April 10, according to the latest report, which did not disclose the dollar value or average purchase price of the transaction. The purchase brought the company's total Bitcoin holdings close to 770,000 BTC. As proceeds raised through STRC continue to be converted into Bitcoin, the company's holdings are moving toward a new milestone.

Michael Saylor-led Strategy (MSTR) has long accumulated Bitcoin through stock and debt issuance, treating it as a core reserve asset. Because the size of its holdings and its financing methods affect the company's valuation, shareholder dilution risk and market supply and demand, each additional purchase draws close attention.

In the week ended July 19, 2026, Strategy spent about $1 billion to buy 13,927 Bitcoin at an average price of $71,902 each. The purchase was funded entirely through sales of Stretch (STRC) preferred stock. The transaction lifted the company's holdings to 780,897 Bitcoin, closing in on 800,000.

Strategy, formerly known as MicroStrategy, has treated Bitcoin as a core treasury asset since 2020 and has long financed purchases through sales of common and preferred stock. The strategy has made it the world’s largest corporate holder of Bitcoin, but its high-interest financing costs and exposure to cryptocurrency price swings remain under market scrutiny.

Strategy raised funds by selling Class A common stock and preferred stock from March 2 to March 8, 2026, then spent about $1.28 billion to buy 17,994 Bitcoin at an average price of $70,946 each. The transaction increased its total holdings to 738,731 Bitcoin, continuing its long-term Bitcoin treasury strategy.

Strategy, formerly known as MicroStrategy, is the world’s largest publicly traded corporate holder of Bitcoin. It has long raised funds through stock and bond issuance to buy the cryptocurrency, which it treats as a core reserve asset. The size of its holdings can affect both the company’s financial risk and market confidence, making each purchase closely watched by investors.

Strategy raised funds through an at-the-market (ATM) stock offering in late February 2026 and spent about $204 million to buy 3,015 Bitcoin at an average price of roughly $67,700 each. This was the company’s 101st Bitcoin purchase. The transaction increased its total holdings to 720,737 Bitcoin, formally taking the figure above 720,000.

Strategy, formerly enterprise software company MicroStrategy, has made Bitcoin a core asset in recent years and continued accumulating it through debt and stock issuance. It holds more Bitcoin than any other publicly traded company, so its purchases and Michael Saylor’s price forecasts are often viewed by the market as indicators of institutional confidence.

On July 20, 2026, Strategy said it had spent about $39.83 million to buy 592 Bitcoin at an average price of $67,286 each, raising its total holdings to 717,722 Bitcoin. Despite a weak market and unrealized losses, Executive Chairman Saylor said that if Bitcoin does not go to zero, it will eventually rise to $1 million.