According to Michael Saylor, MicroStrategy finally broke its 12-week streak of consecutive weekly Bitcoin purchases. The firm did not sell any shares of Class A common stock this week, nor did it use proceeds to buy BTC.

The firm may owe billions of taxes on its unrealized gains, and Bitcoin’s price is proving extremely volatile due to US tariffs and political instability. However, Saylor gave very little indication of MicroStrategy’s next move.

MicroStrategy Stops Buying Bitcoin

Since Michael Saylor began directing MicroStrategy to acquire Bitcoin, the firm has become one of the world’s largest BTC holders.

Since late October, the firm has made at least one purchase every week, going from huge buys to slowly diminishing acquisition sizes. MicroStrategy began issuing more shares to ramp up the acquisitions, but Saylor just announced a general pause:

“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. As of February 2, 2025, we hold 471,107 BTC acquired for ~$30.4 billion at ~$64,511 per Bitcoin,” Saylor claimed.

This announcement has left the community somewhat confused. In December, there were credible rumors that MicroStrategy may pause its Bitcoin purchases in January.

However, this pause did not happen, and the company’s Go to Source to See Full Article
Author: Landon Manning

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