✉news BusinessCrypto first seen 17 h ago, last 13 h ago, peak #19
Strategy's Bitcoin Purchases Slump to 334 Coins a Week
Original: Saylor Says There Is Always Room for More Orange. Strategy Bought 334 Bitcoin Last Week. Two Years Ago It Was Buying 55,000 in a Week.
Michael Saylor's firm Strategy, formerly MicroStrategy, bought 334 bitcoin last week, a sharp contrast to the 55,000 coins it was acquiring weekly two years ago. Saylor responded to criticism of the slowdown by saying there is always room for more orange, a nod to bitcoin's branding. The steep drop in purchase volumes is drawing attention to the company's reduced appetite amid changing market conditions.
Why now: The dramatic decline in Strategy's weekly bitcoin buying compared with its peak pace is fueling debate about the company's strategy and the broader crypto market.
Michael SaylorStrategyMicroStrategyBitcoin
Rank over time, top of the chart is #1. 4 snapshots from 17 h ago to 13 h ago.
Evidence
- Saylor Says There Is Always Room for More Orange. Strategy Bought 334 Bitcoin Last Week. Two Years Ago It Was Buying 55,000 in a Week. · 24/7 Wall St.
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