Will the Bitcoin Tradition Continue Where It Left Off? How Much BTC Can Strategy Buy This Week? Here’s the Answer!

Strategy, led by big bull Michael Saylor, did not make its long-standing weekly Bitcoin purchases this week.

It stopped its weekly Bitcoin ($BTC) purchases, which it says every Monday, and did not make any new purchases this week.

The company maintained its total Bitcoin holdings at 762,099 $BTC.

If you look at the company’s purchase history, it seems they have been accumulating Bitcoin regularly throughout March. Their final purchases are about $74,326, and they were 1,031 $BTC on March 23rd by Strategy, 22,394 ($BCC) on 16th (March 9) and 17,994 $ BTC.

In 104 separate purchases, Strategy has acquired 762,099 $BTC — adding Bitcoin to its portfolio at $75,694 on average.

While Saylor has not commented on the lack of $BTC purchases this week, it’s likely that Strategy will resume its purchases next week.

According to BitcoinTreasury.net, Strategy is expected to purchase approximately 4,535 Bitcoin next week.

The proceeds from Strategy’s issued preferred shares (STRC) are expected to be around $300 million, and this fund is likely to support 4,535 $BTC this week’s purchase, the platform said.

But this is a estimate, and whether Strategy will buy it or how much would it buy — will only be announced with an official announcement.

As it is known, Strategy recently raised investor funds through Stretch and continues to buy Bitcoin with these funds.

*This is not investment advice.

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