According to a recent X post by Michael Saylor, a U.S. crypto investor, his company, Strategy, has taken a bold step to display confidence in bitcoin (BTC), the world’s cryptocurrency. The firm purchased an additional 4,225 BTC as the crypto market surged within the last business week.
Strategy has acquired 4,225 BTC for ~$472.5 million at ~$111,827 per bitcoin and has achieved BTC Yield of 20.2% YTD 2025. As of 7/13/2025, we hodl 601,550 $BTC acquired for ~$42.87 billion at ~$71,268 per bitcoin. $MSTR $STRK $STRF $STRD https://t.co/cdUkviddqp
— Michael Saylor (@saylor) July 14, 2025
While other investors saw the price rally as an opportunity to secure profits, Strategy saw it as a chance to keep filling its reserve with larger units of the apex coin.
Strategy Buys at the Top
For its latest purchase, Strategy spent approximately $472.5 million to purchase 4,225 units of the apex coin at an average price of $111,827 per bitcoin. Notably, this marks Strategy’s most expensive purchase since it adopted a bitcoin reserve in 2020.
Concluding the purchase, Strategy has spent $42.87 billion to acquire 601,550 BTC. With BTC around its all-time high, the firm sits at over $31 billion, as its big bag is worth approximately $74 billion. It has also achieved a BTC Yield of 20.2% year-to-date 2025.
However, Strategy paused its bitcoin acquisitions last week, around the beginning of the new quarter, signalling the second time this year the firm has not purchased any BTC in the first business week of a new quarter.
Matador Technologies to Raise Over $650M
According to a recent press release, Canadian-based publicly traded firm, Matador Technologies, has filed a preliminary short-form base shelf prospectus with the Canadian Securities and Exchange Commission (SEC). Its mission is to issue common shares and other securities from time to time over 25 months, up to about $657 million (CAD$900 million).
The release noted that the firm embarked on the “Shelf Prospectus” to access enough capital for future growth opportunities, which includes its bitcoin treasury asset accumulation. The company holds about 77.4 BTC valued at over $9 million.
Commenting on the company’s big pro-crypto move, Deven Soni, CEO of Matador Technologies, said:
“Our goal is to responsibly grow our Bitcoin treasury and increase Bitcoin per share over time, while continuing to build infrastructure aligned with the broader Bitcoin ecosystem.”
Meanwhile, BTC recently surged in value to reach a new all-time high above the $123 mark.