Strategy extends bitcoin pause to five weeks, sells $544.5 million in MSTR as USD reserve hits $3.75 billion
The Block·
60-second summary
Strategy extends its bitcoin pause to five consecutive weeks, refraining from buying any BTC as its USD reserve reaches $3.75 billion. Simultaneously, it sold $544.5 million in MSTR shares, a significant move that may indicate a shift in its investment strategy, potentially impacting the market for both cryptocurrencies and technology stocks.
Strategy bought no bitcoin for a fifth straight week, while raising its USD reserve to $3.75 billion and selling $544.5M in MSTR.