MSTR may have paused it’s BTC accumulation last week

Share This Post

Strategy (MSTR), the largest publicly traded holder of bitcoin, did not seem to have increased its BTC position last week.

Executive Chairman Michael Saylor usually signals upcoming purchases on X each Sunday, followed by a detailed update around 8 a.m. ET on Monday. There was no customary Sunday “Orange Dot” post to signal a purchase. Instead, Michael Saylor posted about the company’s perpetual preferred equity offering, Stretch (STRC) instead.

The apparent pause snaps a streak of roughly thirteen consecutive weekly purchases that began in late December, acquiring 90,831 BTC in the process.

According to the company’s dashboard, the Tysons Corner, Virginia-based firm currently holds 762,099 bitcoin at an average acquisition price of $75,694 per token.

The break in buying activity comes with MSTR still trading about 76% below its all-time high and bitcoin below $67,000.

Related Posts

Anthropic Targets Small Businesses With Latest Claude Release

Anthropic is continuing its push into the enterprise market...

Clarity Act clears U.S. Senate committee, on its way to a final test in Congress

After a bipartisan approval in the Senate Banking Committee,...

US Senate Banking Committee Votes to Advance Crypto Market Structure Bill

US lawmakers in the Senate Banking Committee held a...

CLARITY Act Negotiations Ended Without A Deal – Senator Lummis Warned What Happens Next If It Fails

Trusted Editorial content, reviewed by leading industry experts and...

0x Co-Founder Will Warren Steps Down as Co-CEO

Will Warren is transitioning out of his co-CEO role...