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Michael Saylor teases another color after Strategy pauses BTC buys
Strategy’s treasury remains at 843,775 BTC, leaving the position about $9.3 billion underwater as bitcoin trades near $64,600.
The Block reports that Michael Saylor teased “another color” after Strategy Bitcoin ended a streak of four straight weeks of Strategy bitcoin purchases without a new buy.
According to the outlet, Strategy currently holds 843,775 BTC purchased at an average cost of $75,476.
With bitcoin trading around $64,600, The Block estimates the holdings are roughly $9.3 billion underwater.
The report frames the pause as a continuation of the company’s shifting communication, following the recent run of weekly purchases.
Latest closeBitcoin $65,143.72 ▲1.3%