Strategy pauses Bitcoin accumulation after 13-week buying streak ahead of quarter-end
Strategy halted its 13-week Bitcoin buying streak last week as the quarter concludes, maintaining its current holdings of 762,099 BTC.Summary
Strategy, the largest corporate Bitcoin holder, paused its weekly Bitcoin purchases for the first time in over three months in the week leading up to the quarter-end, according to a Monday filing. The company neither sold shares via its at-the-market (ATM) program nor bought Bitcoin. Strategy currently holds approximately 762,099 BTC, valued around $52 billion at current market prices. In other news, a class action lawsuit regarding voting rights violations related to the STRK Amendment was dismissed as moot, though Strategy will seek stockholder ratification of the amendment and pay $550,000 toward plaintiff attorneys' fees. Furthermore, Strategy filed to expand its capital-raising capacity across three ATM programs, seeking up to $44.1 billion in stock sales to fund its ongoing strategy of accumulating digital assets, with a goal to hold one million Bitcoin by the end of 2026.
(Source：Crypto Briefing)