[Price Analysis]

Strategy Acquires 21,021 Bitcoin, Now Holds 628,791 Coins: Why Is BTC Price Dropping?

Explore key highlights within the NFT & Web3 area. This article dives into: “Strategy Acquires 21,021 Bitcoin, Now Holds 628,791 Coins: Why Is BTC Price Dropping?”.

Strategy (Nasdaq: MSTR, STRK, STRF, STRD), the most important company Bitcoin (BTC) holder, has made a daring transfer to strengthen its steadiness sheet. The Bitcoin treasury firm introduced on Tuesday, July 29, that it had closed its preliminary public providing of round 28 million shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at a public providing value of $90, thus elevating about $2.52 billion.

Strategy introduced that the proceeds from the IPO of the newly shaped car have been used to buy 21,021 Bitcoins.

“Strategy has acquired 21,021 BTC for around $2.46 billion at about $117,256 per Bitcoin and has achieved a BTC Yield of 25.0% YTD 2025. As of 7/29/2025, we hodl 628,791 BTC acquired for approximately $46.08 billion at around $73,277 per Bitcoin,” Michael Saylor, Chairman at Strategy, famous.

Strategy Leads an Army of Corporate Investors in Bitcoin Accumulation

Strategy’s STRC fundraising was the most important U.S. IPO in 2025 to this point. The firm has led a military of 282 firms which have accrued over 3.61 million Bitcoins to this point, in line with BitcoinTreasuries.

More institutional traders have applied a Bitcoin treasury administration system to beat inflation and macroeconomic uncertainties.

Why Has BTC Price Faltered?

Bitcoin value is affected by a variety of things, each on-chain and exterior fundamentals. Although on-chain knowledge reveals an aggressive accumulation of Bitcoin by whale traders, short-term holders and spot merchants have been anticipating heightened volatility forward of Wednesday’s FOMC assertion and the Fed’s federal funds charge announcement.

According to market knowledge from Coinglass, Bitcoin’s Futures Open Interest (OI) dropped by over 5 % on CME to $16.9 billion, signaling gentle panic promoting. Nonetheless, the general BTC’s OI remained elevated in comparison with final quarter and 12 months, thus signaling {that a} macro bullish outlook stays sturdy.

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