BTC
$118 307
24h volatility:
0.4%
Market cap:
$2.35 T
Vol. 24h:
$42.03 B
had another week where it made grown men weep… but not from sadness. This time, it was tears of confusion, joy, and maybe a little existential dread. Michael Saylor’s Strategy Inc. just dropped $740 million on Bitcoin like it was Tuesday and they were out of snacks. 🍿💸
The company, already the crypto world’s version of a whale with a shopping addiction, added 6,220 BTC to its stash as Bitcoin briefly flirted with $123,000. Spoiler: It broke up. 💔 But hey, at least Strategy’s portfolio is now 607,770 BTC strong. That’s enough to make a crypto influencer faint. 🕊️
Strategy Buys $739.8 Million Worth of Bitcoin During Price Surge
In what can only be described as financial acrobatics, Strategy revealed its latest splurge via an SEC filing. Because nothing says “I believe in Bitcoin” like turning your company into a compliance document. 📄✨
Strategy acquired 6,220 BTC for ~$739.8 million at ~$118,940 per bitcoin. Their BTC Yield? 20.8% YTD 2025. As of 7/20/2025, they hodl 607,770 $BTC acquired for ~$43.61 billion. If only we could all buy happiness for $71k a pop. 🏆 $MSTR $STRK $STRF $STRD
— Michael Saylor (@saylor) July 21, 2025
Bitcoin’s weekly rollercoaster ride took it from $123k to “meh, $118k” by Friday. Strategy, however, remained unbothered, buying in at the average price of $118,940. Because nothing says “long-term vision” like ignoring short-term chaos. 🚀
With a total spend of $43.6 billion on Bitcoin, Strategy’s now the crypto equivalent of a goldfish with a trust fund. 🐠💎 The average purchase price? $71,756 per coin. Because why buy one when you can buy 600k? 🤷♂️
Strategy’s commitment to Bitcoin is so strong, they’ve basically rebranded as a digital wallet with a corporate tax ID. Even as prices yo-yoed, they kept buying, because nothing says “confidence” like spending $740 million during a crypto heart attack. ❤️🔥
Meanwhile, in a move that makes less sense than a Bitcoin ETF approval, Strategy’s top exec Wei-Ming Shao sold $4.9 million in shares. Because nothing says “I believe in this company” like cashing out while the rest of us pray for a 10% dip. 🚨
And just when you thought the crypto circus couldn’t get weirder, Japanese firm Metaplanet added 797 BTC to its collection. Because why not? If you’re going to buy Bitcoin, you might as well do it in multiples of 797. 🤷♀️
As for Block Inc. joining the S&P 500? Jack Dorsey’s move is either genius or a cry for help. Either way, it’s a win for Bitcoin’s “we’re not a joke” energy. 🏆
So, what’s next? Will Bitcoin break $150k? Will Strategy sell its shares to buy a private island? Will we ever learn to stop trading our sanity for a token? Probably not. But hey, at least the volatility’s fun. 🎢
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2025-07-22 00:13