Strategy skips weekly Bitcoin purchase for the first time in 13 weeks
Strategy did not buy Bitcoin or sell shares for the first time in 13 weeks — the company led by Michael Saylor has paused its weekly accumulation of cryptocurrency without providing any explanation.
According to filings submitted to the U.S. Securities and Exchange Commission on March 30, the company purchased no Bitcoin and sold no shares under its at-the-market program between March 23 and March 29. Strategy’s reserves remained unchanged at 762,099 BTC.
Pause amid stock decline
The company typically funds Bitcoin purchases by selling Class A shares (MSTR) on Nasdaq. However, neither action took place this time. Over the past six months, MSTR shares have fallen by more than 60% to $126.78. This marks the first missed weekly purchase since December 2025.
Saylor did not publicly explain the pause. However, the context is clear: Bitcoin has lost more than 18% of its value over the past 12 months, falling to $67,197. His weekly posts on X announcing purchases have become one of the most closely watched indicators of institutional sentiment.
Market shifts priorities
Strategy is not the only company adjusting its Bitcoin strategy. Mining firm MARA Holdings sold 15,133 BTC for approximately $1.1 billion in March, using the proceeds to repay convertible debt. This highlights a broader shift, where companies that once accumulated crypto reserves are now deploying them to manage financial obligations.
In contrast, mining hardware manufacturer Canaan has increased its Bitcoin and Ethereum holdings while continuing to expand mining operations in Texas. As of March 10, it held 1,793 BTC and 3,952 ETH.
AI perspective
From a structural perspective, the pause is not solely due to Bitcoin’s price decline. In February 2026, Strategy announced a shift from issuing common stock (MSTR) to preferred shares (STRC) as its primary funding tool. Without an active ATM program for common shares, the company lacks its usual mechanism for funding new purchases. This is not merely a pause — it represents a transition between financing models.
There is also a more concerning factor not addressed in the report: Strategy’s average Bitcoin purchase price is დაახლოებით $70,982, while the current market price stands at $67,197. In other words, the world’s largest corporate Bitcoin holder is currently at a loss on its holdings. The key question is whether this will affect Saylor’s public narrative — or whether his weekly posts will remain equally confident regardless of portfolio performance.
See also: "Analysts warn of a potential drop in Ethereum to $1,350"
Українська
Русский
English

