Michael Saylor’s Strategy pauses weekly bitcoin purchases ahead of Q1 earnings release
The Block
Strategy has temporarily paused its regular weekly bitcoin acquisitions as it prepares for its first-quarter earnings report.Summary
Strategy, the world's largest corporate holder of bitcoin, has announced a temporary halt to its weekly purchase program ahead of its Q1 earnings release. The company, led by Michael Saylor, currently holds 818,334 BTC. While the pause is timed with the upcoming financial report, the firm also faces ongoing scrutiny regarding its STRC perpetual preferred shares, which some analysts warn could pose structural risks to its aggressive accumulation strategy.
(Source：The Block)