Strategy Records No Bitcoin Purchases Last Week

Strategy raised $82 million last week through the sale of 492,210 Class A shares, according to an SEC filing. However, it did not allocate any of the proceeds to Bitcoin purchases, leaving its BTC treasury unchanged.

The company remains the largest corporate holder of Bitcoin, with 818,334 BTC on its balance sheet. These holdings are currently valued at roughly $64.5 billion.

Executive Chairman Michael Saylor had already signaled the pause in accumulation, posting: “NO BUYS THIS WEEK. BACK TO WORK NEXT WEEK.”

The halt comes ahead of Tuesday’s Q1 earnings. Last week, Strategy added 3,273 BTC for $255 million.

Overall, the firm’s Bitcoin holdings were accumulated at an average cost of about $75,537 per coin, implying roughly $2.7 billion in unrealized gains at current market prices.