Strategy Slowing Down AccumulationStrategy disclosed Monday that it purchased 520 BTC for $34.9 million last week at an average price of $67,068 per coin, marking it as one of the company’s smallest buy in recent months.The company’s cash reserve climbed back to roughly $1.4 billion from $1.1 billion a week earlier.The move follows turmoil in Strategy’s preferred stock ecosystem, particularly (NASDAQ:STRC), which recently plunged as low as $82 despite being designed to trade near its $100 par value.Because STRC remains below par, Strategy has effectively paused issuance through the vehicle. This limits one of its primary funding sources for additional Bitcoin purchases, according to industry expert Scott Melker.As a result, the company is increasingly relying on common stock issuance to raise cash, a strategy that some investors view as dilutive.The slowdown is notable given Strategy’s historical role as BTC’s largest corporate buyer.Rival Bitcoin treasury company Strive reportedly purchased 759 Bitcoin last week, surpassing Strategy’s weekly accumulation.In an X post on June 23, Strive’s Chief Risk Officer Jeff Walton argued that Strategy remains a compelling long-term Bitcoin vehicle for several reasons: