Strategy, Michael Saylor's company, did not buy any bitcoin in the last week of July, a first surprising, while the flagship asset price remains above $ 118,000. This brake stroke contrasts with the sustained rate of previous months and coincides with a fundraising of $ 2.5 billion in preferential actions. A calculated break or an alert signal? Investors wonder.
In short
- Strategy did not buy any bitcoin in the last week of July.
- In total, only 10,445 BTCs were acquired over the month, a decrease of 39 % compared to June.
- This break is all the more notable since the price of Bitcoin remained stable, oscillating between $ 118,000 and $ 119,000.
- In parallel, Strategy has considerably increased its offer of preferential Strc shares, bringing it to $ 2.521 billion.
Net purchase volumes decrease despite a stable market
While Michael Saylor had relaunched the machine with a new Bitcoin purchase signal, Strategy did not make any purchase of Bitcoin during the last week of July, According to a document Posed with the Securities and Exchange Commission (SEC). However, she had been active earlier in the month, with two confirmed acquisitions: 4,225 BTC on July 14, followed by 6,220 BTC on July 21, according to official data.
In total, the BTC portfolio of Strategy remains unchanged at 607,770 BTC. This purchase break is the second week of inactivity in the month, atypical behavior for a company known for its aggressive purchases.
This drop in activity is in a context where the price of bitcoin rose slightly, evolving between $ 118,000 and $ 119,000 during the period. The contrast is amazing with the pace of previous months. Here is the evolution of BTC's acquisitions by strategy since April:
- April 2025: 25,370 BTC purchased;
- May 2025: 26 695 BTC purchased;
- June 2025: 17,075 BTC purchased;
- July 2025: Only 10,445 BTC, in two waves;
- No acquisition was reported the first and last week of July.
This downward trend illustrates a voluntary or contextual moderation, in reverse of massive purchases observed so far. The fact that the slowdown does not coincide with a fall in the course reinforces questions about the current strategic logic.
The widening of the STRC offer: a lever or a transition?
In parallel with this slowdown, Strategy has made a substantial increase in its offer of preferential actions. This July 26, the company has announcement Having brought dollars to $ 2.521 billion its Series A Perpetual Preferred Stock (STRC) emission, initially set at $ 500 million.
The title is valued at 90 dollars per unit and the closing of the operation is scheduled for Tuesday, subject to the usual conditions. This mechanism allows strategy to raise capital without resorting to traditional debt, while remaining aligned with its displayed objective of bitcoin accumulation. Thus, these preferential actions are part of a gradual financing system for BTC purchases.
Michael Saylor, co-founder of Strategy, reacted to this announcement via the social network X (ex-Twitter), qualifying the STRC of one of the “Four pillars of the Bitcoin Defense Department”.
This formulation reflects a clear desire to consolidate the long -term investment approach, by diversifying sources of financing. Such a STRC thus integrates in the line of previous instruments such as the STRK series, used to convert the interest of the financial markets in power of BTC. The lifting strategy therefore seems to be designed as a launch ramp towards future massive purchases, not as a decline.
This operation may reflect a transition moment more than a disengagement. Pending the finalization of the lifting, the company Strategy, considered as the secret key to states to propel Bitcoin at $ 500,000, could delay its acquisitions in order to maximize the impact of incoming funds. If the STRC is well received, the company could return from August with a new wave of large -scale purchases. Conversely, a mixed reception of the market could force the firm to review its projections or its pace.
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