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yesterday

Strategy Pauses Bitcoin Purchases as Preferred Stock Offering Tops $2.5 Billion

The Series A preferred share program topped $2.5 billion, leading to its second weekly Bitcoin purchase pause in July.

Michael saylor is bringing bitcoin backed money market style vehicle to wall street: nydig
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Strategy pauses bitcoin buys amid strc offering extension; metaplanet adds 780 btc

Overview

  • Strategy’s holdings remained at 607,770 BTC, valuing its treasury at about $71.85 billion with 64 percent unrealized gains.
  • The pause marked the second week in July without new purchases after two mid-month acquisitions totaling 10,445 BTC, a 39 percent decline from June.
  • The company increased its Series A preferred share program to $2.521 billion and plans to close the offering by July 29 to fund further Bitcoin acquisitions.
  • Michael Saylor’s recent SaylorTracker chart post on X traditionally heralds fresh Bitcoin buys, indicating accumulation may resume soon.
  • Japan’s Metaplanet added 780 BTC last week, boosting its corporate reserve to 17,132 BTC and underscoring a wider institutional crypto adoption trend.