Saylor’s Strategy Halts Bitcoin Buying After Historic Accumulation

Strategy, the Bitcoin-centric firm formerly known as MicroStrategy, has temporarily paused its regular Bitcoin purchases.

According to the information, the company made no acquisitions between June 30 and July 6—marking a rare break in what had been a consistent buying streak.

Co-founder and executive chairman Michael Saylor has spearheaded the company’s aggressive accumulation strategy since 2020. As of now, Strategy holds 597,325 BTC—representing over 2.8% of Bitcoin’s total supply. Acquired at an average cost of $70,982 per coin, the holdings are currently worth more than $65 billion, reflecting a paper profit of roughly $22.6 billion.

Funding the Bitcoin Reserve

Strategy has primarily financed its acquisitions through the sale of various stock offerings. In the most recent quarter ending June 30, the company raised $6.8 billion from at-the-market sales of its Class A common stock and a series of perpetual preferred shares under the STRK, STRF, and STRD tickers.

The company’s Bitcoin-first approach has made it a bellwether for institutional adoption of digital assets. The pause in purchasing does not indicate a reversal of its long-term strategy, but it may reflect tactical positioning as the market consolidates around the $105,000–$110,000 range.

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Market Implications and Strategic Outlook

While Strategy has not provided a public explanation for the pause, analysts suggest it could be linked to market timing considerations or internal capital deployment cycles. Bloomberg’s Eric Balchunas noted that institutional participants like Strategy often align their moves with ETF flows, volatility windows, or liquidity shifts.

For now, the company remains the single largest corporate holder of Bitcoin. Whether this brief pause marks a recalibration or a transition to a more measured accumulation model remains to be seen—but the Bitcoin community is watching closely.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.