Strategy misses weekly Bitcoin scoop for the second time

Michael Saylor said that the strategy had not bought Bitcoin again last week, maintaining his current treasure of 478,740 BTC.

The strategy, formerly Microstrategy, has seen zero patronage for its ordinary class actions offered through its action program at the market between February 10 and February 14, executive president Michael Saylor common on x.com.

Bitcoin of the ATM Finance strategy (BTC) Purchase by selling stocks to raise capital. The Saylor firm has invested $ 31.1 billion in the main cryptocurrency since 2020. Most of this cash pool has been noted from its equity program.

Without a new stock of class A sold last week, Strategy retained its Bitcoin reserve of 478,740, which was worth more than $ 46 billion while the BTC was negotiated at less than $ 97,000.

This is only the second time that the strategy has not bought any bitcoin for about 14 weeks. The first opportunity occurred Iin in early February in similar circumstances, when there were no new sales of strategic actions.

Last week, Saylor said the company resumption His weekly BTC purchases. Deposits with Securities and Exchange Commission of the United States showed that the strategy spent $ 742 million by buying more bitcoin at the time.

The strategy was the biggest Bitcoin holder of the public program in the world at the time of publishing, competing with investors of Wall Street in cash parked in funds negotiated on BTC stock market. Indeed, only the BlackRock FNB, with $ 57 billion in assets, has exceeded the stratiGy assets. Saylor’s company has more bitcoin than the funds issued by Fidelity and Grayscale, according to Sosovalue data.