Strategy Holds Steady on Bitcoin Holdings
MicroStrategy, now known as Strategy, has reported no Bitcoin purchases or sales over the past week, leaving its treasury at 845,050 BTC. This represents roughly 4.024% of the total hard-capped 21 million Bitcoin supply.
The company's current valuation is approximately $66.3 billion against a total cost basis of around $63.73 billion.
This idle week follows a notable stretch of activity, which included a purchase of 4,603 BTC during the week of August 24-30 for approximately $369.7 million at an average price of $80,318 per coin.
Executive Chairman Michael Saylor signaled the return to accumulation on social media with the statement 'We're back.'