Strategy Announces No New Bitcoin Purchases—But Here's Who Bought 755 BTC
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Strategy Inc. (MSTR) did not make any new Bitcoin purchases last week, breaking its acquisition streak, despite speculation from Executive Chairman Michael Saylor's social media post. The company holds 607,770 BTC valued at approximately $43.61 billion. Meanwhile, Sequans Communications S.A. (SQNS) purchased 755 BTC for about $88.5 million, emphasizing its commitment to Bitcoin as a treasury reserve asset. Sequans now holds 3,072 BTC valued at $358.5 million, indicating a trend of non-crypto firms increasing Bitcoin exposure.
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