Strategy's Bitcoin accumulation rate drops to its lowest level in five years

Jinse Finance reported that the world's largest bitcoin corporate treasury company, Strategy, has slowed its bitcoin accumulation to the lowest level in five years. As of this quarter, Strategy only increased its holdings by 388 bitcoins, bringing its total holdings to 640,031 by the end of the third quarter—a growth of just 0.1%. In previous quarters, Strategy's treasury growth was typically in the high single-digit or even double-digit percentages. In fact, in the fourth quarter of 2024, its BTC holdings saw a multi-year high increase of 77%. Unfortunately, as BTC purchases decreased, a certain exchange also dropped by 10% this quarter. Back in 2020, Michael Saylor's 1990s enterprise software company pivoted to leveraged bitcoin purchases, starting from a smaller base and accumulating 70,470 bitcoins by the end of that year. Its BTC treasury continued to grow strongly in 2021, with double-digit and high single-digit percentage increases, slowed down in 2022, and then picked up again in 2023 and 2024.