According to an SEC filing dated July 20, Strategy sold 2.73 million shares of MSTR between July 13 and July 19 for a net proceeds of $263.5 million.
Continuing to adhere to its Digital Credit Capital Plan announced at the end of June, Strategy is also continuing to strengthen its dollar reserves.
In this context, the company did not make any Bitcoin purchases during the week, but increased its dollar reserves. Accordingly, the company’s US dollar reserves rose to approximately $3.23 billion, while maintaining its holdings at 843,775 $BTC as of July 20, 2026.
Ethereum Purchases Continue!
While Strategy opted to pause its Bitcoin purchases, BitMine, the largest Ethereum treasury company, continued its weekly purchases and added 7,430 $ETH to its treasury.
BitMine, headed by Tom Lee, announced that it purchased 7,430 $ETH in the past week. This purchase brings the company’s total holdings to 5,777,468 $ETH, which is approximately 4.8% of the Ethereum supply.
The company added that it staked 4.92 million $ETH, representing approximately 85% of its assets, and also repurchased 5.5 million shares at an average price of $15.62.
The total amount of cryptocurrency, cash, and other investments reportedly reached $11.5 billion.
Tom Lee said the following:
“Last week we purchased 7,430 $ETH. The slowdown in purchase speed is due to Bitmine’s repurchase of 5.5 million common shares. We believe that the repurchase of our common shares will have a positive impact on shareholder value.”
Bitmine has been buying $ETH every week since the start of its $ETH Treasury Strategy on June 30, 2025.
Furthermore, Bitmine has staked more $ETH than any other organization in the world.
*This is not investment advice.