MicroStrategy halts Bitcoin buying spree after 12 straight weeks

The microstrategy software designer has ended its 12 -week Bitcoin purchase sequence, retaining its current hiding place of $ 44 billion until further notice.

Microstrategy did not execute Bitcoin (BTC) Buy for the first time in three months, depending on the disclosure documents of the 8-K form laid With the American Commission for Securities and Exchange.

After 12 consecutive weekly weekly weekly purchases, the company has sold no ordinary class A actions of its market program. In the absence of sales of shares between January 27 and February 2, the company had a value of $ 4.35 billion during the equity offers available to finance the potential acquisitions of future bitcoins.

Microstrategy plans to finance its “21/21” strategy with its ATM offer, a plan created by executive president Michael Saylor to invest $ 42 billion in Bitcoin.

In addition, the Saylor company made its debut on its offer of privileged actions called Strk. The new capital elevation channel, launched to buy more BTC, attracted $ 563.4 million in cash species shortly after his arrival last week.

As of February 3, Microstrategy owned 471,107 BTC worth around $ 44 billion while Bitcoin had dropped to $ 96,000 in the middle of a market scale fed by mass liquidations.

The Saylor Dotcom commercial intelligence company spent around 20 billion dollars in Bitcoin during its 12 -week purchase frenzy, acquisition Up to $ 1.1 billion in tokens at least twice. The company’s aggressive accumulation strategy has influenced other companies, such as Digital Marathon and Riot Platform, which also built Bitcoin vouchers when operating mining activities.