Strategy Pauses Bitcoin Purchases Before Earnings, Recently Bought 3,273 BTC for $255M

BTC-0.51%
Michael Saylor announced on X this week that Strategy is halting its Bitcoin accumulation ahead of its upcoming quarterly earnings report. The company's most recent purchase occurred between April 20 and April 26, when it acquired 3,273 BTC for approximately $255 million, bringing its total holdings to 818,334 BTC at an average cost just below $78,000 per coin. Analysts anticipate the earnings release will show a quarterly loss of nearly $19 per share, primarily due to mark-to-market accounting treatment of its Bitcoin holdings.
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