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10 months ago

Strategy Sits Tight On 478K BitcoinNo New Purchases In Last 7 Days

MicroStrategy, now called Strategy, did not buy any Bitcoin between February 10th and 14th, leaving their total holdings at 478,470 Bitcoins. These Bitcoins were acquired at an average price of $65,033, totaling an investment of $31.1 billion. The company funds Bitcoin purchases through sales of its class A common stock, and no new stock was sold during this period. This is the second time the company has paused Bitcoin purchases due to a lack of stock sales. Despite a net loss of $671 million in the fourth quarter of 2024, and being considered overvalued by some analysts, the company's Bitcoin strategy continues to influence other businesses, with 78 firms now holding crypto in their corporate treasuries.

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