Strategy Resumes Bitcoin Accumulation Post-Earnings Quiet Period
- Strategy, formerly Microstrategy, holds 818,334 BTC valued at approximately $66.15 billion as of May 10, with a +7.02% unrealized gain.
- Michael Saylor announced the end of a one-week pause in bitcoin purchases due to the company’s earnings period.
- Strategy may sell small amounts of BTC to fund STRC dividends while continuing to buy more.
- The company maintains a $2.25 billion cash reserve for liquidity management and dividend payments.
Michael Saylor’s recent post signaled Strategy’s return to accumulating Bitcoin after a brief pause during its Q1 earnings period. The company plans to continue its aggressive acquisition strategy while managing dividend obligations through selective BTC sales.
With an average purchase cost near $75,537 per coin, Strategy’s holdings reflect a modest unrealized gain as it resumes its accumulation strategy backed by significant cash reserves and strategic financial planning. (Source)