MicroStrategy Skips Bitcoin Purchase Last Week, Still Holds 499,096 BTC Amid Market Volatility
Edited by Matt Waller
In a surprising move that has caught the attention of investors, MicroStrategy—recently rebranded as Strategy—did not purchase any additional Bitcoin last week, according to its latest SEC filings. Despite the tumultuous market conditions and a significant Bitcoin dip below $80,000 following a major crypto crash, the software giant remains one of the largest holders of Bitcoin, with its current stash standing at 499,096 BTC. This leaves the company tantalizingly close to reaching a milestone of 500,000 BTC.
Key Points
No Recent Purchases: Strategy made no new Bitcoin acquisitions between February 24 and March 2.
Steady Holdings: The company still holds 499,096 BTC, acquired for approximately $33.1 billion at an average price of $66...