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Strategy Halts Bitcoin Purchases Amid Market Crash

  • MicroStrategy, a company known for regularly adding to its Bitcoin reserves, has halted its Bitcoin purchases amid the current market crash influenced by President Donald Trump's tariffs.
  • Between March 31 and April 6, MicroStrategy did not make any Bitcoin purchases, a significant departure from their previous buying pattern.
  • MicroStrategy had made substantial Bitcoin purchases in the past, including acquiring 22,048 BTC for $1.92 billion and 6,911 BTC for $584 million in recent weeks.
  • The company currently holds 528,185 BTC, amounting to an investment of $35.63 billion, and any decision to reduce its Bitcoin holdings could have an impact on the cryptocurrency market.

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