Saylor Hints at More Bitcoin Buys as Strategy’s Holdings Top $71B
Strategy co-founder Michael Saylor has hinted at another big Bitcoin buy after the company’s BTC stash crossed $71 billion.
Michael Saylor, co-founder of Strategy, plans to buy more Bitcoin as the company’s assets pass $71 billion during a strong July and booming crypto market.
Saylor Boosts Bitcoin Holdings Amid Crypto Boom
Saylor hinted at more Bitcoin buys as it reached new all-time highs in July and the crypto market soared past $4 trillion.
On July 14, Strategy bought 4,225 more BTC for $472.5 million, raising its total to 601,550 BTC, worth around $71.4 billion.
According to SaylorTracker, the company is up about 66.5% on its investment, with unrealized gains of $28.5 billion. Strategy remains a major force in Bitcoin demand, alongside ETFs, big investors, and crypto exchanges.
Strategy Stock Rises on Institutional Demand
The value of Strategy has surpassed $118 billion as a result of a 21.52% increase in the company’s shares recently. During the July crypto market boom, Bitcoin hit a new all-time high and the market capitalization crossed $4 trillion, which coincided with the rally.
In December 2024, Strategy was added to the Nasdaq 100 as more big investors showed interest in its stock.
Since many institutions can’t hold Bitcoin directly, they invest in Bitcoin-focused companies like Strategy or buy their debt to get indirect exposure to crypto.
Macro expert Lyn Alden says trillions are locked in managed funds with strict rules. For example, some stock funds can only buy stocks, not bonds, ETFs, or commodities.
Because of these limits, big firms like Vanguard, which have long avoided direct Bitcoin exposure, are finding other ways to join in. Vanguard now owns 20 million shares of Strategy, about 8% of the company.
This shows how Bitcoin is slowly entering traditional finance, with big investors getting indirect access through public companies.
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