Strategy Resumes Bitcoin Buying After 10-Week Pause

Strategy, a company led by Michael Saylor, has resumed buying Bitcoin after a 10-week pause. The break allowed Strategy to build a $1.59 billion cash reserve and strengthen its liquidity.

During this time, the company sold some of its BTC holdings to fund dividends. Despite this temporary halt, Strategy remains a net buyer with approximately 175,000 BTC purchased so far this year.

The accumulated Bitcoin is now valued at around $66.4 billion at current prices near $79,000 per BTC. The company holds about 840,447 BTC in total.

This move by Strategy signals confidence in Bitcoin's long-term value despite short-term market fluctuations.