MicroStrategy, one of the key players in the cryptocurrency world, has announced that it did not make any Bitcoin (BTC) purchases this week despite the recent price drop.
The company did not add any new BTC to its portfolio between March 31 and April 6, indicating that its strategy remains unchanged, and it has maintained its current positions.
Previously known for regularly increasing its Bitcoin holdings, MicroStrategy's decision to refrain from purchasing this week suggests a more cautious approach amid Bitcoin's price fluctuations.
The company continues to view Bitcoin as a long-term investment and maintains its confidence in BTC as an asset expected to gain in value. In the previous quarter, MicroStrategy acquired 80,715 Bitcoins at an average cost of $94,222 each, but due to the recent price drop, it reported a paper loss of $5.91 billion.
