Microstrategy Pauses Bitcoin Buying Spree as BTC Faces Market Pressures

After weeks of aggressive bitcoin (BTC) accumulation, Microstrategy (Nasdaq: MSTR) has temporarily halted its purchases, marking a strategic pause in its ongoing crypto investment strategy. The decision was confirmed by company co-founder Michael Saylor, who took to social media to provide an update.

"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,” Saylor posted on X. As of February 2, 2025, the firm holds 471,107 BTC, acquired at an average cost of $64,511 per bitcoin, totaling approximately $30.4 billion.

This announcement comes amid a period of heightened volatility for bitcoin, which recently plummeted to $91,530 on Bitstamp—its lowest price in weeks—following concerns linked to new tariff policies associated with Trump. Despite this dip, Microstrategy’s bitcoin holdings still reflect a 47% unrealized gain, maintaining a strong position in the market.

Analysts continue to compare Microstrategy’s BTC bet to alternative strategies, such as investing in ethereum (ETH), though current projections suggest that an ETH pivot would have yielded little to no additional gains. The company’s total unrealized bitcoin valuation currently stands at $14.281 billion.

Meanwhile, MSTR stock has remained relatively resilient despite broader market fluctuations. The company’s shares dipped only 1.68% over the past five sessions and have surged 125% since September. However, year-to-date gains are a more modest 11% against the U.S. dollar. When Wall Street opened on Monday, MSTR initially dropped 5.83%, but within 15 minutes, the decline narrowed to just 3.5% by 9:45 a.m. Eastern Time on February 3.

With Microstrategy now in a holding pattern, investors are closely watching whether the firm resumes its bitcoin accumulation in the coming weeks or adjusts its approach amid evolving market conditions.