Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Strategy halts Bitcoin purchases, ending six consecutive weeks of accumulation, with stock prices down about 70% from their peak.


According to a report by Coindesk, Strategy seems to have not purchased Bitcoin last week, breaking its previous record of six consecutive weeks of accumulation. The company, headquartered in Tysons Corner, Virginia, is the largest publicly traded holder of Bitcoin, holding a total of 649,870 Bitcoins with an average purchase price of $74,400 per coin.
The stock price of Strategy has fallen by about 70% from its peak, and is currently trading slightly above 1.2 times its Net Asset Value (NAV), the lowest level in this market cycle.
BTC7.23%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)