The biggest institutional Bitcoin bull, Strategy (formerly MicroStrategy), is resuming its weekly buying streak.
At this point, Strategy announced that it did not purchase Bitcoin (BTC) between July 21-27.
The company, which last purchased 6,220 BTC worth $739.8 million at an average price of $118,940 between July 14 and 20, still holds 607,770 BTC purchased at approximately $71,756 per Bitcoin, worth approximately $43.61 billion.
As you may recall, Strategy paused its Bitcoin purchases in the first week of July. Having not purchased BTC last week, this is the second time the company has paused its Bitcoin purchases since April.
*This is not investment advice.