MicroStrategy (MSTR, Financial) stock loses around 7% on monday as the company reports a drop in weekly Bitcoin purchases. The firm, which holds a large amount of Bitcoin, purchased $209 million of the crypto between December 23rd and Sunday and has 446,400 BTC worth some $41.4 billion. It’s the eighth straight week that MicroStrategy has bought fewer Bitcoins, though at an average price per coin of $97,837 now.

• Warning! GuruFocus has detected 6 Warning Signs with MSTR.

The company still operates as a software business, but its reputation is heavily tied to its Bitcoin investments. Sales for the week have been declining, including a $2.1 billion purchase earlier in the month and a $561 million purchase the week before. Bitcoin purchases declined, suggesting that the company is uncertain about the future of cryptocurrency.

There could be several reasons behind this. Businesses that cannot simply change hands for Bitcoin (even at the current high price of $92,678) may struggle to keep up the pace as competition intensifies on a global scale in this emerging cryptocurrency market. An unknown successful presence of a Bitcoin bolsterer is additionally mistering that MicroStrategy could be submitting to its unforgiving Bitcoin sentiments, explicitly subsequent to the fact that Bitcoin cost has been twofold from this year. Investors are looking closely at these developments, with a large correlation between MicroStrategy’s stock price performance and Bitcoin prices.

MicroStrategy’s dynamic about what to do with Bitcoins will be monitored by the market as Bitcoin’s asset volatility continues to play a role in the strategy.

This article first appeared on GuruFocus.