After four weeks of continuous Bitcoin purchases, Saylor has halted buying. He posted on X: "No purchases this week." However, his efforts were not in vain, as he hinted at future purchases next week.



He added: "Back to work next week." The company's Bitcoin holdings are currently valued at $64.44 billion, according to blockchain-based cryptocurrency tools.

Earlier, the company acquired $255 million worth of Bitcoin last Monday. With this purchase, its total holdings increased to 818,334 Bitcoins, bought at an average price of $75,537 per Bitcoin.

At that time, the company acquired 3,273 Bitcoins at an average price of $77,906 each. However, the pace of purchases has started to decline since then. To clarify, the company reduced the size of its latest acquisition by nearly 90% compared to the $2.54 million Bitcoin purchase on April 20.

Bitcoin price remains above $78,000
Although the "Strategic" platform temporarily paused Bitcoin buying, the price of Bitcoin remained strong above $78,000. As of this report, Bitcoin's price was $78,628.93, up 0.38% on Sunday, May 3.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin