** MicroStrategy **
did not purchase any Bitcoin between June 30 and July 6, marking the first period without buying the cryptocurrency since early April.
Co-founder and Chairman Michael Saylor explains that sometimes it's important to HODL, or "hold on for dear life." The last time this happened, the White House imposed extensive tariffs.
The company, recently renamed Strategy, currently holds 597,325 tokens at approximately $70,982 per token, totaling around $42.4 billion.
It also did not purchase any Bitcoin between March 31 and April 6.
MicroStrategy reported an unrealized gain of $14.05 billion from digital assets for the second quarter ending in June.
Consequently, this resulted in a related deferred tax expense of $4.04 billion.
