MicroStrategy halts weekly Bitcoin purchases after 12 weeks. Total Bitcoin holdings exceed $44 billion. Founder Michael Saylor reveals details.
MicroStrategy has stopped its weekly Bitcoin (BTC) purchases after 12 consecutive weeks. According to a report submitted to the U.S. Securities and Exchange Commission (SEC), the company did not acquire any bitcoins between January 27 and February 2. The total Bitcoin holdings of the company currently stand at 471,107 units, purchased at an average price of $64,511, with a total value exceeding $44 billion. Michael Saylor, the founder and CEO of the company, stated that this amount of assets is equivalent to 2.2% of the total 21 million Bitcoin supply.
