MicroStrategy Raises Cash Reserves to $3.225 Billion, Bitcoin Holdings Steady
MicroStrategy raised its cash reserves to $3.225 billion by selling stock while maintaining its bitcoin holdings at 843,775 BTC, according to a report from CoinDesk. The firm aims to bolster liquidity for preferred stock dividends amid market pressures.
On July 20, 2026, MicroStrategy announced an increase in its cash reserves to $3.225 billion, achieved by selling common stock. This sale involved over 2.7 million shares, generating approximately $263.5 million through its at-the-market equity program. Notably, the company did not alter its bitcoin holdings, which remain at 843,775 BTC, valued at approximately $54.6 billion at bitcoin's price of $64,700.
This decision marks a strategic shift following a rare $216 million sale of bitcoin earlier this month, which represented the firm’s first significant reduction of its bitcoin assets after years of continuous accumulation. Michael Saylor, the executive chairman of MicroStrategy, aims to use the funds to support liquidity and pay dividends on preferred stock as the company adapts to recent pressures within the cryptocurrency market.
The increase in cash reserves highlights MicroStrategy’s focus on sustaining its liquidity position, which has come under scrutiny due to its complex financing model. Saylor noted the intention to bolster their cash buffer, especially in light of market downturns impacting the overall financial landscape for cryptocurrencies.
This emphasis on maintaining a robust cash position amidst its heavy bitcoin investment indicates MicroStrategy's commitment to navigating potential market volatility while remaining a prominent player in the corporate bitcoin ownership arena.
As the company continues to hold the largest corporate bitcoin treasury globally, analysts and investors will likely monitor MicroStrategy's activities closely, particularly regarding future cryptocurrency sales and liquidity management strategies.
Summary based on original reporting by Krisztian Sandor at CoinDesk, originally published Jul 20, 2026. SolanaWire does not republish source content.
Russia's Crypto Law Nears Passage Amid Sanction Evasion Efforts
Russia is approaching the final votes on its first comprehensive cryptocurrency law, which aims to regulate digital currency use for international trade. The bill, pending in the State Duma, introduces licensing for exchanges and limits domestic crypto transactions, as reported by Decrypt.
7 hours ago·Decrypt·Reported by Jose Antonio Lanz
Cardano Activates Van Rossem Hard Fork Through Community Governance
Cardano successfully implemented the Van Rossem hard fork on July 18, marking its first major upgrade entirely approved through community governance, according to Decrypt. This upgrade lowers smart contract costs and includes several technical improvements, showcasing a shift in the network's governance model away from centralized control.
8 hours ago·Decrypt·Reported by Jose Antonio Lanz
Bitcoin ETFs See Two Weeks of Inflows After Record Outflows
U.S. spot Bitcoin ETFs recorded $75.7 million in net inflows for the week ending July 17, following eight weeks of significant outflows, according to Decrypt. However, this recovery only accounts for a small fraction of the over $8.2 billion withdrawn during the preceding weeks.
9 hours ago·Decrypt·Reported by Jose Antonio Lanz
Tom Lee's Bitmine Reduces ETH Purchases, Focuses on $86M Stock Buyback
Bitmine, led by Tom Lee, slows its Ethereum purchases, acquiring only 7,430 ETH valued at about $14 million, in favor of an $86 million stock buyback. The company aims to control 5% of Ethereum's circulating supply, and now holds approximately 5.78 million ETH, making it the largest corporate holder of the cryptocurrency, as reported by Decrypt.
11 hours ago·Decrypt·Reported by Decrypt Staff
Trending this week
Allbridge Halts Operations After $1.65 Million Flash Loan Exploit
Allbridge has paused its cross-chain protocol following a $1.65 million exploit on its Solana liquidity pools, according to CoinDesk. An attacker utilized a $1.12 million flash loan from the lending platform Kamino to manipulate pool ratios and withdraw assets at advantageous rates.
18 hours ago·CoinDesk·Reported by Francisco Rodrigues
Strategy Raises $225M Cash Reserve with MSTR Stock Sale, Holds Bitcoin
Strategy raised $225 million for its cash reserves without selling any Bitcoin by selling MSTR stock, according to Decrypt. The firm netted $263.5 million from its sale of 2,732,318 MSTR shares for the week ending July 19, 2026, bringing its USD Reserve to $3.225 billion.
11 hours ago·Decrypt·Reported by Jose Antonio Lanz
Cardano Activates Van Rossum Hard Fork, Moving to Protocol Version 11
Cardano's Van Rossum hard fork activated on July 18, transitioning the network to protocol version 11. This change, reported by CoinDesk, marks the first upgrade ratified entirely through Cardano's onchain governance system, allowing community input instead of solely relying on its founding developer Input Output.
13 hours ago·CoinDesk·Reported by Shaurya Malwa
Exodus Plans 25% Workforce Reduction Amid Shift to Payments
Exodus Movement announces a 25% reduction in its global workforce as part of a strategic pivot toward stablecoin payments and card infrastructure. This decision follows the company's acquisitions of Monavate and Baanx, aimed at establishing a full-stack payments platform, according to CoinDesk.
13 hours ago·CoinDesk·Reported by Francisco Rodrigues
