Strategy Slams Brakes on Bitcoin Buying, Stockpiles $6.69B Cash

The company has significantly curtailed its Bitcoin purchases and is currently holding $6.69 billion in cash. That move removes a material source of institutional demand, reducing immediate upward pressure on Bitcoin’s price. The large cash stockpile, however, represents dry powder that could be redeployed later, creating potential for renewed buying and episodic volatility if the firm resumes purchases.