The strategy acquired 21,021 bitcoins for $2.46 billion, bringing total holdings to 628,791 units.
by VT Markets
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Aug 5, 2025
Saylor’s Strategy recently bought $2.46 billion worth of bitcoins.
From July 28 to August 3, they acquired 21,021 bitcoins at an average price of $117,256 each.
As of August 3, MSTR now holds a total of 628,791 bitcoins.
This significant acquisition of over 21,000 bitcoins shows strong institutional confidence in rising prices. It signals a hopeful outlook for the market. Derivative traders should prepare for increased implied volatility, especially for options contracts expiring in August and September 2025.
The average purchase price around $117,000 sets a new psychological support level for the market. Traders should see this price as a strong support, at least for the next few weeks. Selling cash-secured puts with strike prices below this level, like $115,000 or $112,500, could be a good way to earn premium.
Recent information reveals that Bitcoin’s implied volatility index has jumped to 78%, the highest since the post-halving period in May 2024. As options become pricier, it might be wiser to create bull call spreads instead of buying calls outright. This strategy allows for a bullish position while also financing the trade by selling a higher-strike call.
Looking back, we recall that similar large purchases in 2020-2021 often came before significant price increases. History indicates that this accumulation can absorb market supply and create conditions for price growth. This pattern supports a bullish outlook through the end of the third quarter.
In the futures market, open interest has risen by nearly $4 billion since early August 2025, showing that new capital is entering with a clear direction. Funding rates on perpetual swaps are now consistently positive, meaning longs are paying shorts to hold their positions. This market structure favors taking moderately leveraged long futures while monitoring the $117,000 level for potential liquidation points.
by VT Markets
Aug 5, 2025
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