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07/22 12:06

Bitcoin Reaches $122,000: Strategy Reinforces Its

Bitcoin Reaches $122,000: Strategy Reinforces Its Position With $740M

Michael Saylor has never held his tongue nor kept a timid wallet. When he promises bitcoin, he buys. And quickly. Barely had the opening tweet been published when the orchestra began: 6,220 BTC absorbed in the midst of a bullish euphoria, with surgical calm. Behind the scenes, this is not just a purchase — it is a signal to the market, a new show of strength telling a different story: the Strategy model is running at full speed.

In Brief

Strategy buys 6,220 BTC for 740 million dollars, at an average price of $118,940.

The company now holds 607,770 bitcoins, representing 3% of the total ever mined.

The operation is financed by sales of common and preferred shares, with no direct cash outflow.

MSTR’s market capitalization exceeds the real value of its BTC holdings by 70%.

A finely tuned buyback for a superstar bitcoin

After Saylor’s purchase anticipation, everything went very fast. On July 20, Strategy filed with the SEC an 8-K form confirming the acquisition of 6,220 bitcoins, for 739.8 million dollars. Average price: $118,940 per BTC. The operation pushes the company’s portfolio to 607,770 BTC, for a total invested of 43.6 billion dollars. And this, while bitcoin flirted with $122,000, before falling back to around 118,000$.

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