{"id":82685,"date":"2025-07-22T05:48:15","date_gmt":"2025-07-22T05:48:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=82685"},"modified":"2025-07-22T05:48:15","modified_gmt":"2025-07-22T05:48:15","slug":"strategy-drops-740-million-on-bitcoin-now-holds-over-600000-btc","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=82685","title":{"rendered":"Strategy Drops $740 Million on Bitcoin, Now Holds Over 600,000 BTC"},"content":{"rendered":"

Strategy just made another huge Bitcoin move. According to a July 21 SEC filing, the company spent $739.8 million to buy 6,220 BTC, paying an average of $118,940 per coin. That brings its total holdings to 607,770 BTC. The average buy-in across all purchases sits at $71,756, putting the company up nearly $28 billion on paper with Bitcoin trading near $120,000.<\/span><\/p>\n

Stock Sales Cover the Bill<\/span><\/h2>\n

To pull it off, Strategy sold 1.64 million shares of its <\/span>own<\/span> stock, raising around $736.4 million. It also raised an additional<\/span>\u00a0$3.9 million by selling off smaller positions. Altogether, the fresh cash was funneled directly into Bitcoin. <\/span>At current supply rates, this single purchase consumed almost two weeks\u2019 worth of new Bitcoin entering<\/span>\u00a0the market.<\/span><\/p>\n

STRATEGY BUYS ANOTHER 6,220 #BITCOIN<\/a> FOR $739.8 MILLION#cryptonews<\/a> #BTC<\/a> #Altcoinnews<\/a> pic.twitter.com\/EcP1fQu1mi<\/a><\/p>\n

\u2014 Crypto Empire (@Cryptoempire19) July 21, 2025<\/a><\/p>\n\n

Warnings Start Rolling In<\/span><\/h2>\n

Not everyone\u2019s impressed. James Check from Checkonchain said these kinds of strategies might work for now, but things could get ugly fast if prices take a hit. <\/span>Companies <\/span>chasing<\/span> this model could be <\/span>forced<\/span> to sell Bitcoin <\/span>just<\/span> to prop up their stock.<\/span> That means added volatility for everyone involved, not just the firms holding the coins.<\/span><\/p>\n

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Bitcoin<\/div>\n
Price<\/div>\n
Market Cap<\/div>\n<\/div>\n
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BTC<\/div>\n
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$2.33T<\/div>\n<\/div>\n<\/div>\n<\/div>\n
24h<\/span>7d<\/span>30d<\/span>1y<\/span>All time<\/span><\/div>\n<\/div>\n<\/div>\n

Matthew Sigel at VanEck agrees there\u2019s risk. He pointed out that selling shares while they\u2019re trading above fair value makes sense. <\/span>But<\/span> if prices fall too close to book value, <\/span>pumping out<\/span> more shares can <\/span>hurt<\/span> long-term investors.<\/span> His view? <\/span>Firms need better <\/span>rules around<\/span> when to raise money and when to <\/span>hit<\/span> pause.<\/span><\/p>\n

DISCOVER: Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n

Following the Playbook<\/span><\/h2>\n

Strategy is not alone in this approach. <\/span>More and more<\/span> public firms are <\/span>using<\/span> Bitcoin as a treasury asset.<\/span> They raise funds by selling shares, then buy BTC. <\/span>When markets are <\/span>flying<\/span>, it makes them <\/span>look smart<\/span>.<\/span> But if things stall, the same tactic could backfire. Sigel says companies need to think harder about timing and structure before turning this into a long-term playbook.<\/span><\/p>\n

DISCOVER: 20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n

It\u2019s Also a Bet on Bitcoin<\/span><\/h2>\n

For all<\/span> the critiques, this kind of spending <\/span>shows <\/span>real<\/span> confidence in Bitcoin.<\/span> You don\u2019t throw $740 million into something unless you think it will last. <\/span>With Bitcoin <\/span>pushing past<\/span> $120,000 and the overall crypto market <\/span>climbing<\/span> above $4 trillion, this is a signal that some investors <\/span>see<\/span> the space maturing.<\/span><\/p>\n

Will It Hold?<\/span><\/h2>\n

The next few months will reveal whether this model holds up. If Strategy\u2019s stock stays strong, others may follow. If it starts wobbling, the fallout could force buybacks or internal shakeups. Either way, markets will be watching closely.<\/span><\/p>\n

Strategy\u2019s giant Bitcoin haul puts it among the <\/span>biggest<\/span> corporate holders in the world. <\/span>That $28 billion gain looks <\/span>great<\/span>, but it\u2019s only real if the company can manage risk and <\/span>stay liquid<\/span>.<\/span> This might be a turning point, or it could be a cautionary tale in the making.<\/span><\/p>\n

DISCOVER:\u00a0<\/span>20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n

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Key Takeaways<\/h2>\n


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\n Strategy bought 6,220 BTC for $739.8 million, raising its total holdings to 607,770 BTC worth nearly $73 billion at current prices.
\n <\/span><\/p>\n


\n The company funded the purchase by selling 1.64 million shares and small asset positions, using every dollar to buy Bitcoin.
\n <\/span><\/p>\n


\n Analysts warn that this model creates risks, especially if share prices drop and firms are forced to sell BTC to stay afloat.
\n <\/span><\/p>\n


\n Strategy is part of a growing trend of public firms using Bitcoin as a treasury asset, raising money through stock sales.
\n <\/span><\/p>\n


\n This massive buy signals a <\/span>strong<\/span> long-term belief in Bitcoin but also raises questions about volatility and financial stability.
\n <\/span><\/p>\n


\n <\/span><\/p>\n

<\/span><\/p>\n<\/div>\n

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The post Strategy Drops $740 Million on Bitcoin, Now Holds Over 600,000 BTC<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Strategy just made another huge Bitcoin move. According to a July 21 SEC filing, the company spent $739.8 million to buy 6,220 BTC, paying an average of $118,940 per coin. That brings its total holdings to 607,770 BTC. The average buy-in across all purchases sits at $71,756, putting the company up nearly $28 billion on […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82685","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82685"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82685"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82685\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}