MicroStrategy, the largest corporate holder of Bitcoin, has abruptly paused its aggressive BTC acquisition strategy after 12 consecutive weeks of buying. This move has left investors wondering whether this is just a temporary break or a signal of something bigger.
MicroStrategy’s executive chairman Michael Saylor announced the decision, stating:
“Last week, MicroStrategy did not sell any shares of class A common stock under its at-the-market equity offering program, and did not purchase any Bitcoin.”
This marks the first time in months that the company hasn’t added to its Bitcoin holdings, raising speculation about its future strategy.
- Owns 471,107 BTC, representing 2.25% of Bitcoin’s total supply.
- Spent approximately $30.4 billion on Bitcoin acquisitions.
- The majority of recent purchases occurred over the past 12 weeks, totaling over $20 billion.
- Average purchase price: $64,511 per BTC.
Despite this massive investment, the company’s latest decision to halt purchases has led to speculation about whether it is reassessing its strategy.
Michael Saylor has long been a vocal advocate for Bitcoin, often comparing it to valuable real estate. In December, he emphasized his belief in Bitcoin’s long-term value, stating:
“Every day is a good day to buy Bitcoin… I would have bought Manhattan 100 years ago, 200 years ago… It’s always a good investment.”
However, despite this confidence, the company has suddenly paused its aggressive accumulation.
Crypto investors are now questioning whether MicroStrategy will hit its previous target of 500,000 BTC by March. On the prediction market platform Polymarket, bets on the company reaching this milestone have dropped from 79% to 51%, reflecting growing doubt among market participants.
This pause raises several questions:
- Is MicroStrategy temporarily waiting for better buying conditions?
- Could regulatory concerns be influencing its decision?
- Is this a sign of a shift in corporate Bitcoin strategies?
For now, the company has not provided further details on whether it will resume purchases in the near future.
👉 What do you think? Is this just a strategic pause, or is MicroStrategy rethinking its Bitcoin play? Let us know in the comments!