Analysis: Strategy suspended Bitcoin purchases last week and increased cash reserves, indicating a more cautious strategy in the context of increased market volatility.

BlockBeats news, on December 23, Strategy suspended its Bitcoin purchases last week while increasing its cash reserves to 2.19 billion USD. The company raised 748 million USD through stock sales to bolster its dollar reserves established earlier this month to cover dividend and debt-related expenses.

This measure occurs after Strategy recently completed multiple purchases of Bitcoin and coincides with Bitcoin prices falling about 30% from the historical high set in October. Currently, Strategy holds a total of 671,268 BTC, with a market value exceeding 60 billion USD, and its mNAV is approximately 1.1, indicating that the company has adopted a more cautious strategy in the context of increased market volatility.