Strategy pauses Bitcoin buying, ending 13-week accumulation streak

Strategy (MSTR), the largest publicly traded holder of bitcoin, appears to have paused its BTC purchases last week, marking a rare break after a sustained accumulation trend that began in late 2025.

Executive Chairman Michael Saylor typically signals upcoming bitcoin buys with his signature “Orange Dot” post on X every Sunday, followed by a detailed update on Monday morning (U.S. time). However, no such signal appeared this week. Instead, Saylor focused on promoting the company’s new perpetual preferred equity offering, Stretch (STRC), suggesting a near-term shift toward capital-raising activities rather than immediate BTC accumulation.

This pause effectively snaps a streak of roughly 13 consecutive weeks of bitcoin purchases, during which Strategy acquired a total of 90,831 BTC—further cementing its dominance in the corporate bitcoin landscape. According to the company’s latest data, the firm, headquartered in Tysons Corner, currently holds 762,099 BTC at an average purchase price of approximately $75,694 per coin.

The halt in buying comes as MSTR shares remain about 76% below their all-time high, while bitcoin continues to trade under the $67,000 level. The move may reflect a more cautious short-term stance amid ongoing market volatility and macroeconomic uncertainty.

Still, given Strategy’s long-standing commitment to bitcoin as a core treasury asset, market participants are closely watching for the next signal from Michael Saylor to determine whether this is merely a temporary pause or the beginning of a broader strategic shift.