Strategy Inc. increased its cash reserves to $2.19 billion and suspended Bitcoin purchases over the past week. As the largest digital asset treasury company, the company appears to be preparing for a long crypto winter. The Tysons Corner, Virginia-based company raised $748 million by selling common shares in the seven days ending December 21, according to filing with the U.S. Securities and Exchange Commission on Monday. In the previous two weeks, the company bought around $2 billion in Bitcoin, increasing its total holdings to around $60 billion.

Strategy Inc. increased its cash reserves to $2.19 billion and suspended Bitcoin purchases over the past week. As the largest digital asset treasury company, the company appears to be preparing for a long crypto winter. The Tysons Corner, Virginia-based company raised $748 million by selling common shares in the seven days ending December 21, according to filing with the U.S. Securities and Exchange Commission on Monday. In the previous two weeks, the company bought around $2 billion in Bitcoin, increasing its total holdings to around $60 billion.