Strategy Skips Bitcoin For Fifth Week, Posts Strong Earnings

Strategy, backed by Michael Saylor, has extended its longest confirmed buying pause in nearly two years after not purchasing any Bitcoin for a fifth consecutive week.

The company's shares climbed as much as 2.4% before the opening bell on Monday, mirroring strength across the broader crypto market.

In a filing with the SEC, Strategy disclosed its unchanged holdings of 843,775 BTC at an average purchase price of $75,476 per coin, with an aggregate cost basis of $63.69 billion.