Strategy Pauses Bitcoin Purchases Ahead of Earnings

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Suehyeon Lee

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Photo: Michael Saylor
Photo: Michael Saylor

Strategy, the publicly traded company with the largest Bitcoin holdings, paused additional purchases ahead of its earnings release.

Michael Saylor wrote on X on May 3, "No buys this week," and said purchases would resume next week. Strategy has previously posted similar messages shortly before announcing additional Bitcoin purchases.

The company earlier bought 3,273 Bitcoin for about $255 million between April 20 and April 26. It now holds 818,334 Bitcoin in total, with an average purchase price of about $77,906.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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