Trump Media Invests $2B in Bitcoin, Stock Rises; MicroStrategy Buys 6,220 BTC for $739.8M
Key Takeaways
- Trump Media invests $2 billion in Bitcoin, stock rises 5% after the announcement.
- MicroStrategy buys 6,220 BTC for $739.8M, increasing total holdings to 607,770 BTC.
- Donald Trump shares 'greatest Bitcoin explanation,' endorsing Bitcoin and supporting cryptocurrencies.
- Bitcoin peaks at $123,100; analysts warn social media buzz may signal pullback.
- Crypto market nears $4T amid stablecoin law and retail re-engagement.
Top Stories
Trump Media invests $2 billion in Bitcoin, stock rises 5%.
On July 21, 2025, Trump Media announced a $2 billion Bitcoin investment, funded by stock sales and bonds, aiming to expand holdings and launch Bitcoin-based products. The company's stock rose 5% following the announcement, making it the fifth-largest corporate Bitcoin treasury.
MicroStrategy buys 6,220 BTC for $739.8M, holdings reach 607,770.
Between July 14 and 20, 2025, MicroStrategy acquired 6,220 BTC for approximately $739.8 million, increasing their total holdings to 607,770 BTC, worth about $72 billion, with plans to finance further purchases through stock offerings.
Trump shares 'greatest Bitcoin explanation,' supports crypto.
On July 21, 2025, Donald Trump shared a video endorsing Bitcoin, highlighting its decentralized nature, marking a shift towards supporting cryptocurrencies as Bitcoin traded above $118,000.
Bitcoin peaks at $123,100, social media buzz may signal pullback.
Bitcoin's price peaked at $123,100, accompanied by a surge in social media chatter, which analysts warn may indicate a potential price pullback, with Bitcoin retracing to $117,011 following the social media buzz peak.
Crypto market nears $4T amid stablecoin law, retail re-engagement.
On July 21, 2025, the cryptocurrency market neared $4 trillion, fueled by policy developments like a stablecoin law and retail re-engagement, though driven primarily by institutional investors.
Breaking News
BitGo files for U.S. IPO amid crypto market boom.
BitGo, with over $100 billion in assets under custody, filed for a U.S. IPO amid a booming crypto market, expanding into the EU under MiCA regulations.
Expert Take
Kiyosaki warns of Bitcoin bubble burst, calls it buying opportunity.
On July 21, 2025, Robert Kiyosaki warned of a potential Bitcoin bubble burst, suggesting it would present a buying opportunity, even as Bitcoin hit a new all-time high above $120,000.
Bitcoin confluence zone at $130K–$134K, potential reversal to $90K.
CHRIS06400 highlights a confluence zone for Bitcoin at $130K–$134K based on Fibonacci extensions, noting a potential rejection could lead to a sharp reversal to $90K.
Market Pulse
Publicly traded firms hold over $100B in Bitcoin.
As of July 21, 2025, 64 publicly traded firms collectively hold over $100 billion in Bitcoin.
Bitcoin holds near $118,000, crypto market cap hits $4.048T.
On July 20-21, 2025, Bitcoin traded near $118,000, while Ethereum surged, contributing to a new all-time high crypto market cap of $4.048 trillion, amid regulatory news including President Trump signing the GENIUS Act.
Hedge fund gains 640% from Bitcoin investments.
David Bailey's 210k Capital hedge fund reported a 640% net return in 12 months through June 2025, driven by investments in Bitcoin-linked companies, with Bailey being a key crypto advisor to Donald Trump.
Crypto funds see record $4.4B inflows, Ether ETPs surge.
Last week, crypto funds experienced a record $4.4 billion in inflows, with Ether ETPs surpassing 2024 totals at $6.2 billion, and the NFT market cap surged 21.2% to over $6.34 billion.
Altcoins surge as Bitcoin stays below $120,000.
On July 21, 2025, Bitcoin's price remained below $120,000 while altcoins like XRP, Solana and Dogecoin surged, with analysts anticipating a capital shift from Bitcoin to altcoins.
Bitcoin trades at 2.18% discount in South Korea.
On July 20, 2025, Bitcoin traded at a 2.18% discount in South Korea, marking 12 consecutive days of discount, with a price of $115,620 on Upbit compared to the global average of $118,189.
Price Watch
Bitcoin daily analysis: Key support, potential long positions.
TradeCityPro's Bitcoin daily analysis #132 discusses key support at 116829, potential long positions at 118440, and trends in Bitcoin Dominance and altcoins.
Bitcoin shows bullish trend, targets $123k/$130k.
On July 21, 2025, Bitcoin is showing a bullish trend with major supports at $115,796/$117,277 and key resistances at $119,000–$123,200, targeting $123k/$130k.
Bitcoin's 4-hour chart suggests potential move by July 24th.
Bitcoin's 4-hour chart suggests a potential move by Thursday, July 24th, with indicators showing conflicting signals and the market awaiting FED Chair Mr. Powell's talk.
Bitcoin / Tether market rises +1.77% on July 21.
On July 21, 2025, the Bitcoin / Tether market opened at 119,340.01 USDT, marking a rise of +2,074.89 or +1.77%.
Bitcoin market in tactical compression, awaiting breakouts.
The Bitcoin market is in a state of tactical compression, with price suspended between short-term EMAs and showing behavioral neutrality among short-term holders.
Tech Edge
LayerBTC launches LBTC token presale for Bitcoin layer-two network.
On July 21, 2025, LayerBTC launched its LBTC token presale and ICO, a Bitcoin layer-two network for scalable applications and DeFi, having raised over $340,000 with the token priced at $0.00088.
Bitcoin Hyper raises $3.8M in presale for Layer 2 solution.
Bitcoin Hyper (HYPER), a Layer 2 solution launching in Q3 2025, has raised over $3.8 million in its presale, aiming to address Bitcoin's scaling issues with fast, low-cost transactions and staking rewards.