Strategy suspends bitcoin purchases, ending six consecutive weeks of accumulation; stock price has fallen about 70% from its peak.

ChainCatcher News, according to Coindesk, Strategy did not appear to purchase bitcoin last week, breaking its previous record of six consecutive weeks of accumulation.

This company, headquartered in Tysons Corner, Virginia, is the largest publicly listed corporate holder of bitcoin, with a total holding of 649,870 bitcoins at an average purchase price of $74,400 per bitcoin.

Strategy's stock price has dropped about 70% from its peak and is currently trading at just above 1.2 times its net asset value (NAV), the lowest level in this market cycle.