Odaily Planet Daily News Strategy founder Michael Saylor sold four types of securities, MSTR, STRF, STRK and STRD, on July 14, 2025 local time to buy Bitcoin (BTC). The liquidation was considered a value-added dilution, and Strategy obtained a net gain of $472 million through the market price sell-off, and then purchased 4,225 bitcoins at an average price of $111,827 per coin. Saylor's operation brought the company's total holdings of Bitcoin to 601,550, accounting for 2.9% of its maximum supply. The company disclosed in its latest 8-K filing that it sold 797,008 shares of MSTR common stock and other securities. Every Bitcoin purchase by Strategy has brought profits, and the current unrealized return on investment exceeds 68%. Although the company has increased its Bitcoin holdings by diluting shareholders' equity, its performance on Wall Street is still recognized, with a price-to-earnings ratio of 1.7 times its $72 billion BTC assets. In the future, MicroStrategy may continue to increase its Bitcoin holdings through similar means. (Protos)