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Strategy Suddenly Stops Buying Bitcoin

By Alex Dovbnya
Tue, 18/02/2025 - 14:08
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Strategy Suddenly Stops Buying Bitcoin
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Michael Saylor, the executive chairman of Strategy, has confirmed that the company did not purchase any Bitcoin last week. 

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On Feb. 10, the leading corporate Bitcoin holder announced its first BTC purchase after undergoing major rebranding. It required an additional 7,633 Bitcoin after briefly halting its massive 12-week buying streak. 

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The company currently holds 478,740 BTC that were acquired at the average price of $65,033 per Bitcoin. 

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The shares of Strategy remain flat in pre-market trading after losing more than 13% over the past month. 

The leading cryptocurrency is currently changing hands at $96,231, according to CoinGecko data. 

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