Strategy (MSTR.US) adds $255 million worth of Bitcoin, purchasing pace slows significantly compared to the previous two weeks.

The world's largest enterprise Bitcoin holder, Strategy (MSTR.US), added $255 million worth of Bitcoin in the week ending April 27, slowing down significantly from the previous two weeks where a total of $3.5 billion was invested, indicating an adjustment in buying intensity after a large-scale increase in holdings. According to documents submitted to the Securities and Exchange Commission on Monday, Strategy purchased 3,273 Bitcoins during that period. The company's co-founder and executive chairman, Saylor, stated that the funds for this round of Bitcoin purchases came from the sale of common stock financing. This is the latest step in Strategy's ongoing large-scale Bitcoin acquisitions this month. Data shows that Strategy bought approximately $4.1 billion worth of Bitcoin in April, marking the highest monthly purchasing intensity in a year. The market believes that Strategy's continued increase in holdings, combined with the resurgence in demand for Bitcoin spot ETFs, is one of the important forces driving the current rebound in the crypto market. As the world's largest corporate Bitcoin holder, the company currently holds approximately $61 billion worth of crypto assets. It is worth noting that most of the purchases of Bitcoin this month were primarily financed through the sale of the company's perpetual preferred stock, STRC financing. Saylor introduced this interest-bearing security last year with the aim of making it the main source of financing for purchasing Bitcoin and alleviating concerns from common stock shareholders about equity dilution. Analysts point out that the reduction in the size of this round of purchases may not necessarily indicate a shift in the company's strategy but rather a pace adjustment after a high-intensity deployment in the previous two weeks. Prior to this, Strategy invested $3.5 billion in two weeks, with a purchasing intensity far higher than the $255 million in this round. Meanwhile, Bitcoin prices have been volatile. In intraday trading on Monday, Bitcoin briefly touched a 12-week high of $79,488, but as of the time of writing, the price of Bitcoin has fallen below $77,000. Cryptocurrency-related stocks collectively declined, with IREN Ltd (IREN.US) falling over 4.6%, Circle (CRCL.US) dropping nearly 3%, Coinbase (COIN.US), Robinhood (HOOD.US), and Strategy (MSTR.US) all falling over 1%. Strategy's stock price has declined by approximately 54% over the past year, indicating that investors remain cautious about the volatile risks of high-leverage Bitcoin strategies.