ChainCatcher message, Strategy Executive Chairman Michael Saylor did not release the usual orange dot Bitcoin tracking post this Sunday for the first time in 13 weeks, leading the market to speculate that the company may have suspended its weekly Bitcoin purchase plan. Saylor instead promoted the company's perpetual preferred stock STRC, emphasizing its 30-day volatility is lower than that of all S&P 500 components, and offering a 11.5% annual interest.
Since December of last year, Strategy has cumulatively purchased approximately 90,831 Bitcoins, currently holding 762,099 coins at an average price of about $75,694. The company has also recently launched a $42 billion stock issuance plan, gradually shifting its focus to preferred stock financing. The 8-K document on Monday will reveal whether the company has indeed suspended Bitcoin purchases.