Trump Media Invests $2B in Bitcoin, Stock Rises; MicroStrategy Buys 6,220 BTC for $739.8M

Bitcoin Price and News
Total 769 words · 4 mins read

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.

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