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Interesting – MicroStrategy apparently has stopped its weekly Bitcoin purchases. After 13 consecutive weeks of regular acquisitions ( totaling over 90,000 BTC since the end of December ), there was no new purchase last week. Michael Saylor did not, as usual, post his Sunday update with the orange dot, which normally announces the upcoming buy order. Instead, it was about a preferred stock offering from the company.
The firm now holds about 762,000 Bitcoin in total value. Interestingly, this pause occurs while Bitcoin was just below $67,000 – and is now at $72.84K. The MSTR stock has fallen over 75 percent since its peak in November 2024. It could be that they just want to take a breather or wait for better entry points.
Bhutan is also making headlines: the country has quietly sold about 70 percent of its Bitcoin holdings. From around 13,000 BTC in October 2024 down to nearly 4,000. Apparently, the kingdom has slowed down or halted its mining activities, which were powered by hydropower. Two very different movements in the Bitcoin ecosystem – while institutional players like MicroStrategy are pausing, countries like Bhutan are divesting.