Chairman of Strategy Michael Saylor announced that the company would temporarily suspend its long streak of weekly Bitcoin purchases.
In a brief statement on social media, Saylor said, “No shopping this week. We are returning to work next week,” indicating that the usual shopping strategy was only interrupted this week.
According to the company’s public data, Strategy currently holds a total of 818,334 $BTC. The total cost of these assets is approximately $61.81 billion, with an average purchase price of $75,537. Current data shows that the total value of the company’s Bitcoin reserves has reached $64.42 billion. This indicates an unrealized gain of approximately 4.21%, or over $2.6 billion, in the company’s position.
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The strategy’s buying activity in recent weeks has been remarkable. Having purchased 3,273 $BTC April 27, 34,164 $BTC on April 20, and 13,927 $BTC On April 13, the company continued an aggressive accumulation strategy throughout April. Following these purchases, his total Bitcoin holdings gradually increased to 818,000. $BTC.
The company’s performance also presents a strong picture compared to the market. During the selected period, strategic stocks rose by 16.6%, outperforming a significant number of major technology companies and indices, while it is worth noting that the price of Bitcoin lost around 11% of its value during the same period.
*This does not constitute investment advice.