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Strategy has acquired 6,220 BTC for ~$739.8 million at ~$118,940 per bitcoin and has achieved BTC Yield of 20.8% YTD 2025.

I knew he was ATMing last week

$736.4 million raised from $MSTR ATM at $450.02 per share on average. $17.04 billion capacity remaining.

$0.7 million raised from $STRK ATM at $128.65 per share on average. 20.45 billion capacity remaining.

As of 7/20/2025, we hodl 607,770 $BTC acquired for ~$43.61 billion at ~$71,756 per bitcoin. $MSTR $STRK $STRF $STRD

NAV PREM 1.67

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DCAverage joe

I’d be interested to know what saylors buy signals are . Does he buy as soon as he raises cash ? Or is there a formula ?

Grant

You gotta admire Saylir- a billionaire who’s still grinding away. Me? I’d be layin’ back in my swimming pool on an inflatable island with a drinks holder while my chef flips 🦞 🏝️ 🏊‍♂️ 🍹

mrcanning

I don't think he has buy signals. he buys when he gets funds. Like he said himself. he will be buying the top forever.

CCat

Blasted way past James 2025 prediction

Russell Friedlander

Please dumb this down for me. NAV = Net Asset Value, but at what NAV premium are MSTR and other Crypto Treasury companies overvalued? Also, I understand that with MSTR the more they ATM, you aren't getting fully diluted because it's more SATs per share. But is that just a rationalization to the community so they don't become fearful of dilution, or am I supposed to claim my SATs somewhere as a holder of the stock?

Chuck3Putt

MSTR is a leveraged play with NAV 1.67, like owning 1.67 BTC for the same value as a single coin. The bet is whether you believe that MSTR will hold or better that NAV over time as BTC rises. But, when BTC starts to drop, MSTR will drop more and perhaps even lower than 1.00 (say 0.80 like last bear). It will likely jump back up in new BULL, but that is the gamble. Some will HODL MSTR because they believe in it very long term 5-10 years over BTC. Most I think will swap out near the top (more likely just over the other side of the hill). If/when MSTR MNAV pops, the price is higher and the gains are greater than BTC during those periods.

Top5OnlyNo1Else⚫️

$MSTR On track for 700K x BTC? In DC recently Saylor said 99% are mined by 2035. Just as a PERP, CEX & PERP DEX gambling casino like addicted traders asset - if no other COIN replace dominance will be..?

Dave H

Next up, Saylor buys all of the UK government BTC holds at a discount on OTC..

S22

How do you calculate how many MSTR shares per BTC

WR W

He is killing mNAV with the ATM, which is killing the MSTR price, which is killing vol. most of the time, which is killing options. I thought he would use the preferreds and quit slamming MSTR px and diluting MSTR shareholders!

JFtheBull

How much is now the updated number of sats per share? I think it is around 217 500 sats, right?

Dom

This FJJ is too good! Does anyone else see a similarity to James investing?