Strategy skips Bitcoin buys last week amid new equity offering
Michael Saylor’s Strategy did not purchase any Bitcoin last week, reporting just two acquisitions in July, totaling 10,445 BTC — a 39% drop from June.
Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, reported no Bitcoin buys last week despite the asset seeing volatility after breaking all-time highs in mid-July.
Strategy’s Bitcoin (BTC) holdings remain unchanged at 607,770 BTC as the company opted not to buy more BTC last week, according to a US Securities and Exchange Commission filing on Monday.
The price of Bitcoin climbed from around $118,000 to more than $119,000 over the course of the week, despite Strategy’s inactivity and a reported 80,000 BTC sale by an early investor last Friday, according to data from CoinGecko.
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