MicroStrategy, the largest publicly traded Bitcoin holder, paused its weekly Bitcoin purchases last week, ending a 13-week buying streak that began in late December. Executive Chairman Michael Saylor, who typically signals purchases with a Sunday "Orange Dot" post on X, instead announced a perpetual preferred equity offering.
The company has acquired 90,831 BTC during the streak and currently holds 762,099 bitcoin at an average acquisition price of $75,694 per token.
Bitcoin remains below $67,000, while MicroStrategy trades roughly 76% below its all-time high. Market observers note that bullish sentiment on Bitfinex has surged to a 28-month high, a historically contrary indicator often preceding price corrections.
