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Strategy (Nasdaq: MSTR) has slowed the Bitcoin accumulation strategy that made it the world's largest corporate holder of the asset, while also showing that its holdings are no longer completely off-limits.
Strategy, formerly known as MicroStrategy, is a software company that has transformed itself into a Bitcoin treasury company. Since 2020, it has raised capital through stock, debt and preferred securities to buy Bitcoin, at times making purchases on an almost weekly basis.
The cryptocurrency has since become the centerpiece of its balance sheet and capital strategy.
The company, however, did not buy or sell any Bitcoin between Aug. 31 and Sept. 7, according to a Sept. 8 filing with the U.S. Securities and Exchange Commission.