Michael Saylor and his firm Strategy have made a significant purchase, increasing their Bitcoin holdings to 601,550 BTC.
Acquisition of BTC
Strategy, led by Michael Saylor, acquired 4,225 BTC at an average price of $111,827 each. The total purchase price was $472.5 million. The firm now holds 601,550 BTC, representing nearly 3% of the circulating supply.
Market Impact
Such significant accumulation by a large entity indicates institutional investors' confidence in Bitcoin's long-term value. Saylor noted: “On July 14, 2025, Strategy announced the acquisition of 4,225 BTC with an aggregate purchase price of $472.5 million and an average purchase price of $111,827.” This action has positively impacted market confidence.
Bitcoin's Market Status
According to CoinMarketCap, Bitcoin (BTC) is trading at $117,095.13 with a market cap of $2.33 trillion, dominating 63.40% of the market. Despite a recent 3.87% decline, BTC has gained 7.60% over the week and is up 39.37% over 90 days.
The acquisition of Bitcoin by Michael Saylor's firm highlights the persistent interest of institutional investors in cryptocurrencies and may influence future regulatory perceptions of Bitcoin.
