Institutional bull Strategy (MicroStrategy), known for its regular weekly Bitcoin (BTC) purchases, resumed buying after a one-week break.
As you may recall, Strategy made its first Bitcoin sale in a long time last week, selling a total of 32 BTC at a price of $77,135. This sale generated $2.5 million in revenue.
Related News: JUST IN! Finally, It Happened: Strategy Made Its First Bitcoin (BTC) Sale! Price Dropped! -Here's the Amount of BTC Sold!
At this point, Strategy resumed buying Bitcoin following last week’s sell-off and added 1,550 BTC this week.
The news was announced by company founder Michael Saylor via a post on his X account.
Accordingly, Strategy announced that it purchased 1,550 BTC for approximately $101 million, increasing its holdings to 845,256 BTC. Strategy also increased its USD Reserve from $900 million to $1 billion.
This move comes after the company sold 32 BTC last week, at which time concerns were raised in the market that it could jeopardize Strategy’s long-term Bitcoin holding strategy.
However, this additional purchase could reinforce the interpretation that Strategy is maintaining its Bitcoin accumulation stance.
*This is not investment advice.
Continue Reading: The Big Bull Michael Saylor is Back! A Huge Buy After a 32 Bitcoin Sell! Here’s How Much BTC He Holds!

