Decrypt reported that Strategy (MSTR), which holds the most Bitcoin among single companies, recently saw its Bitcoin purchase volume decrease by 91% compared to the previous week. According to data, Strategy purchased 34,164 BTC ($2.54 billion) last week and bought an additional 3,273 BTC ($255 million) in about a week. Decrypt explained, "The slowdown in Strategy's BTC purchase rate is due to the fact that Bitcoin purchases were made with funds raised through the sale of common shares, not preferred shares, suggesting that Strategy's flagship product, preferred shares STRC, has become a major source of funding for Bitcoin purchases."
