Strategy appears to have paused its bitcoin accumulation last week, breaking a streak of 13 consecutive weekly purchases that added over 90,000 BTC since late December.
The company did not issue its usual purchase signals, with Executive Chairman Michael Saylor skipping his typical Sunday “Orange Dot” post and instead highlighting the firm’s preferred equity offering.
Strategy currently holds 762,099 bitcoin at an average acquisition cost of $75,694 per token, maintaining its position as the largest publicly traded BTC holder.
The pause comes as bitcoin trades below $67,000 and Strategy’s stock remains about 76% below its November 2024 peak, reflecting ongoing market pressure.
The firm’s recent accumulation strategy had been closely watched as a signal of institutional conviction in bitcoin, making the halt notable for market participants.
Strategy has been leveraging equity and capital market instruments, including its Stretch preferred offering, to fund continued bitcoin purchases and corporate strategy.
The shift suggests a potential recalibration of capital allocation as market conditions evolve, though the company has not formally confirmed a change in its long-term bitcoin strategy.
At the time of reporting, Bitcoin price was $66,457.35.