Strategy skips BTC purchases last week, raises cash holdings by $1.9B

Strategy did not buy Bitcoin last week. Instead, it increased its cash holdings by $1.9 billion, bringing total cash reserves to $6.68 billion. The company also repurchased $136 million of its preferred stock, STRC, during the week. Strategy currently holds 840,447 BTC, with an average purchase price of $75,385.