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Reading: MicroStrategy halts Bitcoin buys amid $5.9B losses – What’s driving the pause?
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CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data > Blog > News > MicroStrategy halts Bitcoin buys amid $5.9B losses – What’s driving the pause?
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MicroStrategy halts Bitcoin buys amid $5.9B losses – What’s driving the pause?

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Last updated: April 9, 2025 12:11 pm
CoinRSS Published April 9, 2025
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Contents
MicroStrategy’s new Bitcoin move may shock youCurrent Bitcoin holdingsImpact on MSTR stock priceSaylor’s Bitcoin enthusiasm continues
  • MicroStrategy paused Bitcoin purchases as prices dipped below $80,000, holding 528,185 BTC.
  • Michael Saylor advocates for the U.S. government to acquire 5%-20% of Bitcoin’s total supply.

Michael Saylor’s MicroStrategy, now known as Strategy, has made headlines again—this time, for sitting out a major Bitcoin [BTC] dip.

MicroStrategy’s new Bitcoin move may shock you

Despite being the largest publicly traded company holding BTC, MicroStrategy refrained from making any new purchases between the 31st of March and the 6th of April, even as prices dipped below $80,000.

This move came after Bitcoin briefly rallied to $87,000 midweek before losing momentum.

Interestingly, the firm’s silence in the market followed its recent acquisition of 22,000 BTC just days earlier, suggesting a more calculated approach amid growing volatility.

Breaking from its usual bi-weekly buying pattern, MicroStrategy’s new move highlighted a notable pause for a firm known for consistently acquiring BTC using funds raised through stock offerings.

Current Bitcoin holdings

As of the 7th of April, the company held a staggering 528,185 BTC, acquired for a total of $35.6 billion at an average price of $67,458 per coin. 

Providing further insight on the matter, the filing added, 

“Our unrealized loss on digital assets for the quarter ended March 31, 2025, was $5.91 billion, which we expect will result in a net loss for the quarter ended March 31, 2025, partially offset by a related income tax benefit of $1.69 billion.” 

Impact on MSTR stock price

Needless to say, MicroStrategy’s stock also took a sharp hit, sliding over 13% to trade near $256, with a partial recovery to $268.14 as per Google Finance.

On the other hand, Bitcoin’s recent rebound above $79,000 may suggest optimism in the crypto market, but MSTR hasn’t followed suit.

This highlights that the stock’s decline is being driven not just by Bitcoin’s earlier dip but also by broader macroeconomic fears—particularly Trump’s renewed tariff agenda, which has rattled equities.

With the S&P 500 slipping 3.5% and inching toward bear market territory, and the Nasdaq not far behind, MSTR has erased its early-year gains, now reflecting an 8% year-to-date loss.

Saylor’s Bitcoin enthusiasm continues

However, despite MicroStrategy’s pause in Bitcoin accumulation, co-founder Michael Saylor remains unwavering in his conviction.

Recently, speaking at the White House’s inaugural crypto summit, Saylor laid out an ambitious vision for U.S. digital supremacy—urging the government to secure between 5% and 20% of Bitcoin’s total supply.

His proposed 10-year acquisition roadmap highlights a strategic approach aimed at reinforcing America’s global influence in the digital asset era, even as his own firm momentarily steps back from the market. 

Next: Bittensor [TAO] crypto looks to reach $240, but will bears take control?

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