{"id":39672,"date":"2025-07-31T02:01:40","date_gmt":"2025-07-31T02:01:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39672"},"modified":"2025-07-31T02:01:40","modified_gmt":"2025-07-31T02:01:40","slug":"strategy-unveils-2-46-billion-bitcoin-buy-biggest-purchase-in-8-months","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39672","title":{"rendered":"Strategy Unveils $2.46 Billion Bitcoin Buy, Biggest Purchase In 8 Months"},"content":{"rendered":"<div>\n<p>Strategy has just added to its Bitcoin buying spree with a multi-billion dollar purchase, its largest buy since November of last year.<\/p>\n<h2>Strategy Has Bought Another 21,021 Bitcoin<\/h2>\n<p>As announced by <a href=\"https:\/\/bitcoinist.com\/bitcoin-breather-strategy-responds-another-740m-bet\/\" target=\"_blank\" rel=\"noopener \">Strategy<\/a> Chairman Michael Saylor in an X <a href=\"https:\/\/x.com\/saylor\/status\/1950286461028217048\" target=\"_blank\" rel=\"noopener nofollow\">post<\/a>, the company has completed a fresh Bitcoin acquisition. With this buy, Strategy has added 21,021 BTC to its holdings at an average price of $117,256 per token.<\/p>\n<p>The $2.46 billion purchase was funded using proceeds from the firm\u2019s initial public offering (IPO) of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). This IPO, involving 28,011,111 shares, is the largest in the US in 2025 so far. Strategy said in the press release:<\/p>\n<blockquote>\n<p>Once listed on Nasdaq, STRC will be the first U.S. exchange-listed perpetual preferred security issued by a Bitcoin Treasury Company to pay monthly dividends and, we believe, the first U.S. exchange-listed perpetual preferred security to incorporate a board determined monthly dividend rate policy.<\/p>\n<\/blockquote>\n<p>Following the latest acquisition, the company\u2019s BTC reserve has grown to 628,791 BTC, with an average cost basis of $73,277 per token or a total investment of $46.08 billion.<\/p>\n<p>CryptoQuant community analyst Maartunn has shared a chart in an X <a href=\"https:\/\/x.com\/JA_Maartun\/status\/1950471539792761004\" target=\"_blank\" rel=\"noopener nofollow\">post<\/a> that puts the scale of the new buy into perspective against past ones.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone aligncenter\" src=\"https:\/\/pbs.twimg.com\/media\/GxF3D1rWwAA9rqe?format=jpg&amp;name=large\" alt=\"Strategy Bitcoin\" width=\"1600\" height=\"900\"><\/p>\n<p>As is visible in the above graph, the latest acquisition is Strategy\u2019s largest since November 24th, around eight months ago. Back then, the firm made a massive purchase that was more than double the new one at $5.43 billion. Earlier in the same month, Michael Saylor\u2019s company completed a purchase that was also notably larger than the current one, this time worth almost $4.59 billion.<\/p>\n<p>At the current exchange rate, Strategy\u2019s Bitcoin holdings are valued at about $74.04 billion, which reflects a profit of a whopping $27.96 billion or around 60.6%. Thus, the firm\u2019s reserve is in a comfortable state at the moment.<\/p>\n<p>While Strategy continues to HODL, other strong hands appear to have taken to selling, as pointed out by on-chain analytics firm Glassnode in an X <a href=\"https:\/\/x.com\/glassnode\/status\/1950474193503719915\" target=\"_blank\" rel=\"noopener nofollow\">post<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone aligncenter\" src=\"https:\/\/pbs.twimg.com\/media\/GxF2Q6KXgAAVzJI?format=jpg&amp;name=4096x4096\" alt=\"Bitcoin LTH\/STH Supply Ratio\" width=\"2400\" height=\"1350\"><\/p>\n<p>The above chart shows the ratio between the supply held by the two main divisions of the Bitcoin market: <a href=\"https:\/\/bitcoinist.com\/bitcoin-sths-see-modest-13-gains\/\" target=\"_blank\" rel=\"noopener \">short-term holders (STHs)<\/a> and<a href=\"https:\/\/bitcoinist.com\/bitcoin-long-term-holders-selling-but-price-holds-new-buyers-stepping-in\/\" target=\"_blank\" rel=\"noopener \"> long-term holders (LTHs)<\/a>. Investors who purchased their coins within the past 155 days are placed in the STHs, while those who have held past this threshold belong to the LTHs.<\/p>\n<p>From the graph, it\u2019s visible that the ratio has witnessed a significant negative change of 11% over the past month, implying that a rotation of capital has occurred from the diamond hands to the STHs. \u201cThis pattern has preceded prior ATHs and highlights a structurally consistent shift in investor positioning,\u201d noted Glassnode.<\/p>\n<h2>BTC Price<\/h2>\n<p>At the time of writing, Bitcoin is floating around $117,800, down 1% over the last 24 hours.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium aligncenter\" src=\"https:\/\/www.tradingview.com\/x\/y58iOBYj\/\" alt=\"Bitcoin Price Chart\" width=\"1486\" height=\"890\"><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strategy has just added to its Bitcoin buying spree with a multi-billion dollar purchase, its largest buy since November of last year. Strategy Has Bought Another 21,021 Bitcoin As announced by Strategy Chairman Michael Saylor in an X post, the company has completed a fresh Bitcoin acquisition. With this buy, Strategy has added 21,021 BTC [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39672","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39672"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39672\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}