U.S.-known company MicroStrategy announced this week that it will temporarily stop buying Bitcoin.


The company is led by Bitcoin “die-hard” Michael Saylor, and it’s well known in the industry as a major “Bitcoin hoarder.”

This pause is mainly to prepare for the release of its 2026 first-quarter earnings report on May 5.
Previously, starting from the end of March, they had kept buying Bitcoin continuously for 13 straight weeks—this time, they finally hit the pause button.

As of now, MicroStrategy holds 818,334 Bitcoins, with a total value of $64.44 billion, and its average purchase cost is $75,532 per Bitcoin.
As one of the companies worldwide that holds the most Bitcoin, every move it makes draws significant attention from the market, and this pause in buying has also left many people curious about its next moves. #Gate广场五月交易分享
BTC2.13%
View Original
post-image
post-image
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
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
HighAmbition
· 2h ago
Chong Chong GT 🚀
View OriginalReply0
  • Pin