Strategy Inc. Holds 843,775 BTC, Raises $263.5M Without Bitcoin Purchase After Saylor Hints Next Move

According to a July 26 X post by Michael Saylor, Strategy Inc. (Nasdaq: MSTR) holds 843,775 BTC purchased for $63.69 billion, with an average acquisition price of $75,653 per coin. Saylor shared the company's bitcoin acquisition chart with the remark, "We're gonna need another color," renewing speculation on whether the company plans another large purchase.

During its latest reporting period, Strategy sold $263.5 million of stock but did not purchase bitcoin, bringing its cash reserve to $3.225 billion. The company retains authorization to sell up to $23.53 billion of additional stock under its existing at-the-market offerings, according to an SEC filing dated July 20.