The company broke its weekly purchasing run of bitcoin at the end of March, the first time it had done so this year.
The website of Strategy states that the company has purchased 762,099 BTC, with each coin costing an average of $75,694.
Michael Saylor has dropped hints that his Bitcoin treasury is getting back to buying Bitcoin every week following an unusual seven-day break at the end of March. With the title “Back to Work,” Saylor published a screenshot from StrategyTracker in an X post on Sunday.
Before making any purchase announcements, he would frequently share the chart. The company broke its weekly purchasing run of bitcoin at the end of March, the first time it had done so this year. On March 23, the company was said to have spent around $77 million at $74,326 per coin, for Bitcoin.
No Indications of Slowing Down
The selling of Strategy’s perpetual preferred stock, Stretch (STRC), is a primary means by which the company acquires Bitcoin. With the use of
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