Analysis: Last week, Strategy temporarily halted Bitcoin purchases and increased its cash reserves, indicating a more cautious approach amidst increased market volatility.

BlockBeats News, December 23rd, Strategy paused its Bitcoin accumulation last week and increased its cash reserves to $21.9 billion. The company raised $7.48 billion by selling stocks to bolster its newly established USD reserve earlier this month, covering dividend and debt-related expenses.

This move came after Strategy recently completed multiple Bitcoin acquisitions, coinciding with a roughly 30% pullback in the Bitcoin price from its October all-time high. Currently, Strategy holds a total of 671,268 BTC, valued at over $60 billion, with an mNAV of around 1.1, indicating the company has adopted a more cautious strategy amidst increased market volatility.