Strategy May Have Temporarily Halted Bitcoin Buying Last Week

Strategy (MSTR), the largest publicly traded corporate holder of bitcoin BTC$91,349.64, appeared to pause its accumulation last week.

Executive Chairman Michael Saylor — who normally posts a Sunday teaser on X followed by a detailed purchase update early Monday morning — issued no such announcements this week.

The break snaps a six-week streak of consistent weekly buys that began on Oct. 6.

According to the company’s dashboard, the Tysons Corner, Virginia-based firm currently holds 649,870 BTC at an average acquisition price of $74,433 per coin.

The pause comes as MSTR trades nearly 70% below its all-time high, with its multiple to net asset value (mNAV) hovering just above 1 — the lowest point of the current cycle.

The company is also facing speculation about a possible exclusion from major equity indexes, a prospect that drew a forceful response from Saylor last week.

MSTR shares were up 1.5% early Monday, tracking a modest weekend rebound in bitcoin to roughly $86,200.

  • Related Posts

    SEC Slows Tokenization Plan Again as Officials Question ‘Innovation Exemption’

    The U.S. Securities and Exchange Commission is expected to postpone its proposed “innovation exemption” for tokenized securities once again, as concerns from the White House and Wall Street reportedly complicate…

    Continue reading
    SEC Puts Reg Crypto Proposal on Hold, No New Meeting Date Announced

    The U.S. Securities and Exchange Commission has delayed its long-awaited “Regulation Crypto” initiative after abruptly canceling a meeting that had been scheduled for Friday. The SEC was expected to unveil…

    Continue reading