MicroStrategy Halts 12-Week Bitcoin Buying Streak

The record of Bitcoin (BTC) purchases by MicroStrategy, the world's largest Bitcoin-holding company that has added Bitcoin to its balance sheet, has been broken.

According to BeInCrypto, a cryptocurrency-focused media outlet, on the 3rd (local time), Michael Saylor, CEO of MicroStrategy, announced on X (formerly Twitter) that "last week, MicroStrategy did not sell any Class A common stock through the at-the-market stock offering program, and therefore did not purchase any Bitcoin."

MicroStrategy had been continuously raising funds by issuing convertible bonds to purchase Bitcoin for 12 weeks starting from the second week of November last year. However, with MicroStrategy officially announcing the halt of Bitcoin purchases, the record has been broken.

BeInCrypto pointed out that "the price of Bitcoin has plummeted amid President Donald Trump's tariff war, which could be seen as a reason for MicroStrategy halting its purchases." It also added, "MicroStrategy may currently be sitting on billions of dollars in unrealized gains related to Bitcoin."

Meanwhile, as of now, MicroStrategy's Bitcoin holdings are reported to be 471,107, with an average price of $64,511.