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VIP Wealth Hub
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Top asset management team helps you profit without hassle
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- MC:$3.71KHolders:30.94%
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Strategy halts Bitcoin purchases, ending six consecutive weeks of accumulation, with the stock price falling about 70% from its peak.
Odaily News According to Coindesk, Strategy seems to have not purchased Bitcoin last week, breaking the previous record of six consecutive weeks of accumulation. This company, headquartered in Tysons Corner, Virginia, is the largest publicly traded Bitcoin holder, holding a total of 649,870 Bitcoins with an average bid price of $74,400 per coin. Strategy's stock price has fallen by about 70% from its peak and is currently trading at slightly above 1.2 times its net asset value (NAV), which is the lowest level in this market cycle.