Strategy Halted Bitcoin Purchases as Strive Snaps Up New BTC Holdings

Strategy, the world's largest publicly traded Bitcoin holder, has broken its streak of purchasing $BTC. According to Michael Saylor, Strategy did not continue its purchases from last week and instead made no changes to its holdings.

The company currently holds 845,050 BTC, as stated by Saylor in a recent update. This is a significant amount, but notable is that it has not increased in the past week. To put this into perspective, Strategy's USD reserves now stand at $6.5 billion.

Interestingly, while Strategy chose to hold its ground, another Bitcoin treasury company, Strive, decided to make an acquisition. It purchased 1,375 BTC for $109 million, bringing its total BTC holdings to 24,531.