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.