The $739.8 million funds that increased the position in BTC last week still came from stock sales.

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On July 22, the Bitcoin giant Strategy announced today that it has once again increased its position by 6,220 BTC last week, spending $739.8 million in cash, with an average purchase price of $118,940. This latest acquisition brings Strategy's total Bitcoin holdings to 607,770 Bitcoins, with an acquisition cost of approximately $43.61 billion, making the average cost per Bitcoin $71,756. At current market prices, the company's Bitcoin reserves are valued at $72 billion, locking in nearly $28 billion in unrealized profits. Notably, according to documents released by Strategy, most of the funds for this BTC increase came from the sale of MSTR stock, as the company sold 1,636,373 shares of MSTR to raise approximately $736.4 million. The company also disclosed that the remaining funds were obtained through minor sales of STRK, STRF, and STRD stocks, raising a total of $3.9 million. As of the time of publication, the MSTR stock price is reported at $430.23, up 1.66% during the trading day.

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