Strategy Inc. Executive Chairman Michael Saylor posted the company’s bitcoin acquisition history and current holdings chart on X on July 19, captioning it “What’s next?” The post did not disclose any new bitcoin purchase, financing source, or plan for additional accumulation. The chart showed Strategy holding 843,775 BTC, equal to about 4.02% of bitcoin’s fixed supply. Based on a market price of $64,312, the position was worth about $54.28 billion, while cumulative purchase cost stood at roughly $63.83 billion, implying an average acquisition price of $75,653 per bitcoin. Strategy has not bought more bitcoin since June 22, and its holdings were unchanged during the week from July 6 to July 12. Company data also showed that, in the week ended July 12, Strategy sold 4,818,781 shares of MSTR common stock for $467 million in net proceeds. Of that amount, $450 million was added to U.S. dollar reserves, lifting total cash reserves to $3 billion. The company said those reserves could cover 20.4 months of annual preferred dividend obligations totaling $1.763 billion and also support interest payments on outstanding debt. Strategy had earlier sold 32 BTC between May 26 and May 31 for about $2.5 million, and another 3,588 BTC on July 5 for about $216 million. Saylor said the proceeds were used to pay quarterly and monthly dividends.
Odaily reported that Strategy Inc. Executive Chairman Michael Saylor posted the company’s bitcoin purchase history and current holdings chart on X on July 19, writing, “What’s next?” He did not disclose any new transaction, funding source, or plan to increase holdings.
The chart showed Strategy holding 843,775 BTC, or about 4.02% of bitcoin’s fixed supply. At a market price of $64,312, the position was valued at about $54.28 billion. The company’s cumulative purchase cost was about $63.83 billion, with an average purchase price of $75,653 per bitcoin.
Holdings unchanged since late June
Strategy has not bought additional bitcoin since June 22. Its holdings were unchanged during the period from July 6 to July 12.
Cash reserves reached $3 billion after stock sale
In the week ended July 12, Strategy sold 4,818,781 shares of MSTR common stock and generated $467 million in net proceeds. Of that total, $450 million was used to increase U.S. dollar reserves, bringing the company’s cash reserves to $3 billion.
According to company data, that reserve level can cover 20.4 months of annual preferred stock dividend obligations totaling $1.763 billion, and can also support interest payments on outstanding debt.
Bitcoin sales were used to fund dividends
Strategy sold 32 BTC from May 26 to May 31 for about $2.5 million. It later sold another 3,588 BTC on July 5 for about $216 million.
Michael Saylor said those funds were used to pay quarterly and monthly dividends.
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