Michael Saylor’s Strategy Buys $740 Million Worth Of Bitcoin

Strategy has acquired an additional 6,220 Bitcoin for approximately $740 million, bringing its total holdings to 607,770 BTC as corporate Bitcoin adoption reaches new heights.

According to a company filing on July 21, Strategy purchased Bitcoin at an average price of $118,940 per coin during the period from July 14 to July 20. The latest acquisition follows last week’s purchase of 4,225 BTC, demonstrating the company’s aggressive accumulation strategy.

The institutional landscape is evolving rapidly. From Strategy’s expanding 607,770 BTC treasury to new entrants like Sequans’s 1,264 BTC purchase today, we’re seeing unprecedented corporate…

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