#StrategyBTCPurchase Bitcoin consolidation is not slowing Strategy accumulation, instead it is shaping how the firm accumulates. While BTC held near $69200 as of this writing strategy expanded it's treasury to 766,970 BTC.
The company added 4871 BTC worth about
$330 million during the non break out phase .
This stood out because most firms stepped back, yet Strategy accounted for 44,377, equalling 94% of March’s 47,000 BTC corporate purchases. Rather than chasing strength, accumulation continues through drawdown as price trades near its $58 billion on Cost basis. This approach signals
long term conviction. however it also reflects limited short-term upside expectation. According to the recent SEC Form 8-K filing, between the 1st and the 5th of April, Strategy acquired 4,871 BTC for about $329.9 million. However, they raised roughly $473.9 million through equity, including $144 million from MSTR and larger inflows from STRC.