Strategy, the world’s biggest public Bitcoin holder, is taking a break from crypto purchases as the company readies its first quarter earnings report, slated for Tuesday.
On Sunday, Executive Chairman Michael Saylor announced “No buys this week” in a post on X, where he has regularly provided a signal of planned purchases.
In its most recent purchase, the Tysons Corner, Virginia-based company acquired 3,273 Bitcoin for $255 million between April 20 and 26, according to an 8-K filing with the US Securities and Exchange Commission on April 27.
Source: Michael Saylor on X
The company now holds 818,334 BTC, bought at an average price of $77,906 per coin, raising Strategy’s cost basis to $75,537. The biggest crypto by market cap was last trading on Sunday at $78.787.08, according to…
more
Source cointelegraph.com
Terms of use and third-party services. More here.