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The Slowdown Explained
Strategy funded last week’s purchase entirely through common stock sales rather than STRC preferred shares, marking a return to smaller acquisition sizes typical of periods when the company relies solely on equity offerings.
Total holdings now stand at 762,099 Bitcoin acquired for approximately $57.69 billion, or an average price of $75,694 per coin.
With Bitcoin trading just under $70,000, Strategy’s holdings sit below cost basis.
The previous two weeks saw purchases exceeding $1 billion each as Strategy took advantage of STRC preferred share issuance.
The company acquired 22,337 Bitcoin for $1.57 billion the week ending March 15, followed by another…
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