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Strategy (MSTR) Breaks 13-Week Bitcoin Buying Streak, Holdings Hold at 762,099 BTC

Bitcoin Magazine
Strategy (MSTR) paused its weekly bitcoin purchases for the first time in 13 weeks, maintaining its total holdings at 762,099 BTC.

Summary

Michael Saylor’s Strategy (MSTR) has halted its weekly bitcoin purchases between March 23 and March 29, ending a 13-week streak of acquisitions. The company's total holdings remain at 762,099 BTC, acquired at an average price of $75,694, which represents over 3.6% of Bitcoin's fixed supply, currently showing unrealized losses of about $6 billion. This pause coincides with the firm refraining from issuing new equity via its at-the-market programs, which typically fund its accumulation strategy. Last week, Strategy had purchased 1,031 BTC for $76.6 million before this break. Concurrently, Strategy expanded its capital-raising capacity, authorizing up to $42.1 billion in additional equity and preferred offerings, signaling a strategic shift toward more flexible financing options.

(Source:Bitcoin Magazine)