US Strategy and Trump Media Increase Bitcoin Purchases with Strengthened Financial Strategy

## Strategy increased by 109 billion yen

MicroStrategy Inc. announced on the 21st that it has made additional purchases of the cryptocurrency Bitcoin (BTC). Additionally, Trump's media company, which operates the social media platform "Truth Social," has also revealed its Bitcoin holdings.

First, Strategy Company acquired 6,220 BTC for $739.8 million (about 109 billion yen). The total amount of Bitcoin held has reached 607,770 BTC. They purchased it at an average price of $118,940 per coin between July 14 and July 20.

As of July 21, the Bitcoin held by Strategy Company has a book value of approximately $28.1 billion (about 4 trillion yen) in unrealized gains.

According to the filings submitted to the U.S. Securities and Exchange Commission (SEC), the company allocated the proceeds from the sale of Class A common stock (MSTR), perpetual strike preferred stock (STRK), perpetual strife preferred stock (STRF), and perpetual stride preferred stock (STRD) to finance this acquisition.

The company sold 1,636,373 shares of MSTR for approximately $736.4 million, but as of July 20, there is a remaining issuance limit of $17.04 billion (about 2.5 trillion yen) in the $21 billion At-the-Market (ATM) program. Additionally, the $4.2 billion inventory submitted earlier this month has a remaining balance of approximately $4.18 billion (about 616 billion yen).

Strategy Company just announced the purchase of 4,225 BTC on the 14th. This marks an increase in purchases for two consecutive weeks.

The company has set forth the "42/42" plan, aiming to raise a total of $84 billion (approximately 12 trillion yen) through stock issuance and convertible bonds by 2027 to further increase its Bitcoin holdings.

Trump Media's Bitcoin purchase

Trump Media & Technology Group (hereinafter referred to as Trump Media) announced on the 21st that it holds approximately $2 billion (about 295 billion yen) in Bitcoin and Bitcoin-related securities as part of its Bitcoin financial strategy.

These Bitcoin assets currently account for about two-thirds of Trump's media's approximately $3 billion (about ¥442 billion) in liquid assets.

In June, the company obtained approval from the U.S. Securities and Exchange Commission (SEC) for its filing regarding the Bitcoin financial strategy.

Trump Media has also stated that it allocated approximately $300 million (about 44.2 billion yen) in additional capital to acquire options contracts related to Bitcoin securities this time. Depending on the market conditions, they plan to convert the options into physical Bitcoin.

Bitcoin-related assets are utilized for generating revenue and, in some cases, for acquiring additional cryptocurrencies. The company's CEO and President, Devin Nunes, commented as follows.

We strictly implement the announced strategy and carry out the Bitcoin Treasury plan.

Such assets help secure our financial freedom and protect us from discrimination by financial institutions. They will also create synergies with the utility tokens that we plan to introduce across the entire Truth Social ecosystem.

The company revealed in April that it is exploring the issuance of utility tokens as part of its rewards program.