MicroStrategy Ends Accumulation Pause with Massive Bitcoin Buy
MicroStrategy has ended its 10-week accumulation pause by buying 4,603 BTC for $369.7 million between August 24 and August 30.
This purchase puts the company's buying strategy back under scrutiny after a roughly 10-week period without major treasury additions.
The acquisition was funded through the sale of 4,531,421 Class A common shares in the public market.