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Strategy takes Bitcoin buying breather ahead of Q1 earnings report

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 179 Views

Strategy takes Bitcoin buying breather ahead of Q1 earnings report

Michael Saylor signaled a “pause” on BTC buying ahead of Tuesday’s earnings report, with Wall Street expecting a loss for Q1.

Strategy, the world’s biggest public Bitcoin holder, is taking a break from crypto purchases as the company readies its first quarter earnings report, slated for Tuesday.

On Sunday, executive chairman Michael Saylor announced “No buys this week” in a post on X, where he has regularly provided a signal of planned purchases.

In its most recent purchase, the Tysons Corner, Virginia-based company acquired 3,273 Bitcoin for $255 million between April 20 and 26, according to an 8-K filing with the US Securities and Exchange Commission on April 27.

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