Strategy’s bitcoin purchases totaled $264 million last week, slowing compared with earlier acquisition levels.

MicroStrategy Adds $264 Million in Bitcoin, Slows Weekly Buying

MicroStrategy (MSTR) continued its weekly bitcoin purchases last week, though at a slower pace than the $1 billion-plus acquisitions in previous weeks. Led by Executive Chairman Michael Saylor, the company acquired 2,932 BTC for $264.1 million, at an average price of $90,061 per coin.

The company’s total holdings now stand at 712,647 BTC, purchased for $54.19 billion—an average of $76,037 per bitcoin. With bitcoin trading around $87,500 on Monday after a weekend decline, MicroStrategy’s stack is valued at just over $62 billion.

According to a Monday filing, most of last week’s purchases were funded through common stock sales, with an additional $7 million raised from the STRC preferred stock series.

In pre-market trading Monday, MSTR shares were down roughly 2%.