MicroStrategy Halts 12-Week Bitcoin Buying Spree, Still Holds 471,107 BTC 💼
MicroStrategy has decided to pause its aggressive Bitcoin purchasing strategy after acquiring approximately $20 billion worth of the digital asset over recent months. Despite the halt in buying, the business intelligence firm still maintains a significant holding of 471,107 BTC.
Led by Michael Saylor, MicroStrategy did not sell any of its class A common stock or buy additional Bitcoin last week, as detailed in a recent 8-K filing with the U.S. regulatory authorities.
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