Bitcoin treasury company Strategy made no bitcoin purchases or sales in the week to July 26, holding its stack at 843,775 BTC, according to an 8-K filing with the Securities and Exchange Commission on Monday.
The pause marks a fifth straight week without a bitcoin purchase, extending a shift toward share sales and reserve building since the firm's last buy of 520 BTC on June 22.
Strategy holds a total of 843,775 BTC — worth around $54 billion — bought at an average price of $75,476 per bitcoin for a total cost of around $63.69 billion, including fees and expenses, according to the filing.
To put that in context, Strategy's holdings are equivalent to more than 4% of bitcoin's 21 million supply cap, but carry billions of dollars in paper losses at current prices.
Strategy raised its USD reserve by $525 million, confirming a balance of $3.75 billion as of July 26, up from the $3.225 billion disclosed as of July 19.
