Meme Strategy price

$740.3M raised via equity sales across four security classes. 1.6M MSTR shares sold under $21B ATM authorisation. Strategy’s BTC yield for 2025 stands at 20.8% year-to-date. Strategy has added another 6,220 Bitcoin to its corporate balance sheet, spending $739.8 million during the week ending July 20, 2025. The purchase was funded through the company’s ongoing at-the-market (ATM) equity offerings. With this latest acquisition, the firm now owns 607,770 BTC—worth over $43 billion at current prices—making it the largest institutional holder of Bitcoin worldwide. The firm, chaired by billionaire Michael Saylor, paid an average of $118,940 per Bitcoin in its latest purchase, as disclosed in a filing published on Monday. This represents a significant premium over its historical average acquisition cost of $71,756 per BTC. Strategy issues 1.6M MSTR shares in latest equity round Between July 14 and July 20, Strategy raised approximately $740.3 million across four different security classes. The majority of funds—$736.4 million—were generated from the sale of 1,636,373 MSTR common shares. The company also issued 5,441 STRK preferred shares with an 8.00% strike, raising $700,000. Another 2,000 STRF shares were sold at a 10.00% strike, bringing in $200,000. Additionally, 31,282 STRD preferred shares, also with a 10.00% stride, were issued for $3.0 million in proceeds. All four instruments fall under large multi-billion-dollar issuance programmes. Both the MSTR and STRK share classes are authorised for up to $21 billion each. These programmes demonstrate Strategy’s continued ability to convert equity into Bitcoin reserves at scale without relying on traditional financing channels. BTC acquisition cost shows 20.8% YTD return for Strategy Bitcoin prices remain significantly higher than Strategy’s average cost basis of $71,756, giving the firm a year-to-date return of 20.8% on its BTC holdings. At current market prices—just above $118,000—Strategy’s crypto treasury continues to outperform many traditional corporate investments. This yield figure is particularly notable as Bitcoin has consolidated after hitting an all-time high of $123,000 last week. Although prices have since pulled back slightly, the bullish market structure remains intact. Analysts have observed a pennant formation following BTC’s strong rally in July, typically a continuation pattern that suggests potential for further upside. Despite short-term market volatility, Strategy’s long-term accumulation approach has proven resilient. The latest purchase reinforces its strategy of treating Bitcoin as a primary treasury asset and a long-term store of value. Market reacts as Saylor signals continued BTC accumulation Michael Saylor has maintained a consistent narrative around Bitcoin being a superior store of value. On Saturday, just days after the most recent BTC buy, he posted on X (formerly Twitter): “Stay humble, stack sats.” The phrase has been interpreted as a signal that Strategy’s accumulation is far from over. The company’s approach, combining equity capital markets with ongoing BTC purchases, serves as a blueprint for institutional crypto exposure. As regulatory clarity and institutional infrastructure improve, Strategy’s model could influence how other publicly listed firms handle treasury allocation. Bitcoin’s latest rally, paired with corporate participation at this scale, continues to shift market sentiment toward long-term adoption. While the token’s price has slipped slightly from its recent peak, its resilience above the $115,000 level is being closely watched by traders and institutional investors alike. The post Strategy buys 6,220 Bitcoin for $739.8M, takes total holdings past $43B appeared first on CoinJournal.

Bitcoin powerhouse Strategy has added 6,220 BTC to its reserves, spending $739.8 million in cash at an average price of $118,940 per coin, according to a July 21 SEC filing. The latest acquisition represents 13.82 days worth of new Bitcoin supply, or almost double the total BTC mined between July 14 and 20. Meanwhile, this latest purchase brings Strategy’s total Bitcoin holdings to 607,770 BTC, acquired for roughly $43.61 billion at an average cost of $71,756 per coin. At current market prices, the company’s Bitcoin treasury is valued at $72 billion, locking in an unrealized profit of nearly $28 billion. Strategy said it sold 1.64 million shares of its MSTR stock to fund the purchase, raising approximately $736.4 million. The company also disclosed minor divestments in STRK, STRF, and STRD shares, raising $3.9 million. Warning for Strategy copycats As more companies adopt Strategy’s Bitcoin treasury playbook, some analysts are beginning to caution about the move’s potential downsides. James Check, lead analyst at Checkonchain, warned in a July 21 post on X that firms with aggressive Bitcoin strategies may be headed for trouble. He described the risk as akin to enduring “2012 Bitcoin-grade drawdowns with gold-grade duration.” According to him, some firms may have already peaked, with their share premiums overextended to levels that may never be regained. If such scenarios happened, he stated that those firms would: “Get taken over, or sell the BTC to buy back their shares.” His concerns echo that of VanEck’s head of digital assets research, Matthew Sigel, who has previously warned that several Bitcoin-heavy firms could face risks. In a June 16 post on X, he criticized the widespread use of at-the-market (ATM) offerings to fund Bitcoin buys. According to Sigel, companies can profitably issue new shares when their stock trades well above the value of their underlying assets, known as net asset value (NAV). This approach allows them to raise capital more efficiently, as seen with Michael Saylor’s Strategy, which used high share prices to fund large Bitcoin purchases through stock and bond sales. However, this approach has limits. If the stock price slips close to NAV, issuing additional shares no longer creates value. Instead, it dilutes existing shareholders and weakens the investment case. To mitigate these risks, Sigel recommended halting ATM programs when stock trades fall below 0.95 times NAV for 10 consecutive days, prioritizing buybacks when BTC rises but share prices lag, and launching strategic reviews if NAV discounts persist. He also advised tying executive compensation to NAV per share growth rather than BTC accumulation or share count. The post Strategy spends $740M to bring Bitcoin reserves to 607k BTC amid ATM risk warnings appeared first on CryptoSlate.

Tom Lee BMNR mNav is now below Saylor's MSTR The new cantor ticker CEPO is $3.5B worth of Bitcoin trading at 1.15x mNav h/t @Void_of_Hype