<ul data-eligibleForWebStory="false"><li>Strategy, the Bitcoin proxy firm co-founded by Michael Saylor, has halted Bitcoin purchases for the first time since late March.</li><li>The company's impressive treasury currently holds 597,325 Bitcoin, valued at about $64.71 billion.</li><li>Strategy's stock saw a slight decline, correlating with the drop in Bitcoin prices; however, it has risen by 38.5% in 2021.</li><li>Strategy plans to potentially issue and sell up to $4.2 billion in preferred stock for future BTC acquisitions among other corporate purposes.</li></ul>

No New Bitcoin Buys: Strategy Takes A Breather After 3 Consecutive Months

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