Michael Saylor Signals New Bitcoin Buy as Strategy Passes 600K BTC

Highlights:

• Michael Saylor signals a new Bitcoin buy after Strategy passed the 600K BTC milestone.
• Between July 14 and 19, BTC treasury firms added $810 million worth of Bitcoin.
• Global firms boost corporate Bitcoin treasuries amid BTC’s $123K rally.

Michael Saylor is teasing a new Bitcoin buy for Strategy once again. In a recent post, Saylor displayed the portfolio tracker, which is a good indicator that another purchase is coming. This posting pattern has preceded significant acquisitions of Strategy in the past, lending credibility to speculation.

This move comes after a recent milestone in which Strategy now holds 601,550 BTC, currently worth $71 billion. Last week, Strategy had purchased Bitcoin worth $427 million. That purchase took the firm above the 600K BTC level.

Prior to that, Strategy halted its 12-week buying spree with Bitcoin reaching an all-time high. Even then, that pause did not last long. The company re-entered a buying spree once again after BTC hit a new all-time high of $123K. Such an aggressive approach indicates a further belief in the future value and price stability of Bitcoin.

Stay Humble. Stack Sats. pic.twitter.com/aQyxsTXdhO

— Michael Saylor (@saylor) July 20, 2025

Michael Saylor Leads Corporate Crypto Momentum

This rapid growth has enabled Strategy to overtake Nvidia and become the ninth-largest U.S. corporate treasury. With the rise of Bitcoin value, the value of Strategy BTC’s stockpile also rose. Michael Saylor has led the firm to be at the forefront of the corporate crypto movement.

His accumulation of BTC consistently has been shaping treasury policies in the business community. According to btcNLNico’s post on X, last week, treasury firms purchased a total of $810 million worth of Bitcoin. Compared to the previous week, that number is a large spike, with an increase of $300 million.

🚨 Week 29 – #Bitcoin Treasury Strategy Updates 🚨

📅 July 14-19 saw 58 announcements – ~7.7k BTC 🔥

– 4 new treasuries launched with 817 BTC
– 17 future treasuries announcements – BSTR could launch with ~44.2k BTC!
– 21 companies added 6,873 BTC
– 11 plans to buy more BTC, $47… pic.twitter.com/Q9J2l6FYB0

— NLNico (@btcNLNico) July 19, 2025

The purchasing pattern is not cooling off. The number of companies that added Bitcoin to their balance sheets between July 14 and 19 was 21. Significant contributions were made by Metaplanet in Japan (797 BTC) and France (Sequans), 683 BTC. The Smarter Web Company of the U.K. and Semler Scientific contributed 325 and 210 BTC, respectively. DigitalX, an Australian-based company, also contributed 166.8 BTC, and Cango, of China, 149 BTC.

Bitcoin Treasuries Expand Worldwide

Despite Michael Saylor signaling a new Bitcoin buy, the corporate Bitcoin wave isn’t limited to established firms only. Last week, four new companies introduced treasuries. Their aggregate Bitcoin assets were worth $96.39 million. Bullish, a company that recently announced an IPO, disclosed a reserve of 92 million BTC.

Satsuma Technology and BTC Digital were among other entries with $3.37 million and $1 million startups, respectively. Active Energy got in at a relatively small sum of less than 1 BTC, which still indicated interest. Meanwhile, 17 firms announced future treasury intentions. Combined, they expect to acquire 44,200 BTC within the next several months. One of the largest is being headed by Blockstream’s Adam Back, a 30,000 BTC reserve under The Bitcoin Standard Treasury.

In total, over 58 corporate treasury updates relating to Bitcoin occurred last week alone. These were future announcements, fundraising, and official entry into the market. Regardless of the record-high price of Bitcoin, institutional confidence is rising rapidly. As of this writing, Bitcoin price is exchanging hands at $118,690 with a market capitalization and trading volume of $2.36 trillion and $50 billion, respectively.