While Bitcoin, Ethereum, and altcoins have shown sideways movement in recent days, treasury companies continue their purchases.
Firstly, Strategy, the world’s largest publicly traded Bitcoin holder, also made purchases this week.
According to a statement by Strategy founder Michael Saylor, Strategy purchased an additional 334 Bitcoin. This brings the company’s total Bitcoin holdings to 848,000 $BTC. The company also repurchased STRC preferred shares worth $176 million.