Highlights:

• MicroStrategy, led by Michael Saylor, acquired 4,225 BTC for $472.5 million from July 7 to July 13.
• The funding for this purchase came from the sale of both common and preferred stock.
• Total Bitcoin ownership for MicroStrategy now reaches 601,550 BTC, bought at an average price of $71,268 each, totaling nearly $42.87 billion.

The latest purchase aligns with a growing trend in corporate Bitcoin acquisitions, as other firms like Sequans, K33, and Tao Alpha also expand their treasuries:

• Sequans (SQNS) bought 683 BTC, reaching total holdings of 1,053 BTC.
• K33 added 36 BTC, upping their stock to 121 BTC.
• Tao Alpha made its inaugural purchase of 28.56 BTC.
• The Blockchain Group acquired 29 BTC, enhancing their total reserves to 1,933 BTC.

The trend indicates escalating corporate activity in the cryptocurrency market, with MicroStrategy’s significant holdings now valued at roughly $73 billion based on the current Bitcoin market price.