Michael Saylor signals Bitcoin buy after one-week hiatus

Key Points

1. Strategy skipped buying BTC last week but announced a $4.2 billion capital raise to finance more purchases.

2. The company previously accumulated Bitcoin for 12 consecutive weeks, with its most recent purchase being 4,980 BTC for $532 million on June 30.

3. Strategy holds a total of 597,325 BTC, making it the largest corporate holder of Bitcoin.

4. Institutional treasuries currently hold 3.5 million BTC, with Strategy accumulating 379,800 BTC in the past six months, outpacing miners' production.

5. Shares of Strategy are trading at about $434, up over 16% this month but still below the all-time high of $543 per share.