Strategy Halts Bitcoin Purchase, Reports $14 Billion BTC Gain
The post Strategy Halts Bitcoin Purchase, Reports $14 Billion BTC Gain appeared on BitcoinEthereumNews.com. Strategy, previously MicroStrategy, has revealed that it didn’t make any BTC purchase last week, pausing its Bitcoin accumulation after 12 consecutive weeks. The company also reported a Q2 unrealized gain on its BTC investment. Amid this development, the MSTR stock is down in premarket trading, having dropped from its last week’s close of $404. Strategy Puts Bitcoin Acquisition On Hold A SEC filing shows that the company didn’t buy any Bitcoin last week and didn’t sell any shares at the same time. As a result, the firm still holds 597,325 BTC, which it acquired for $42.40 billion at an average price of $70,982 per BTC. However, Strategy announced that it achieved an unrealized gain on digital assets of $14.05 billion during the quarter, which ended June 30, 2025. As of June 30, the company’s digital asset carrying value was $64.36 billion. The company’s failure to buy Bitcoin last week halts its consecutive weekly purchases after 12 weeks, falling short of a new record. Last week, the firm acquired 4,980 BTC for $531.9 million, equaling a previous record it made between November 2024 and early February, when it purchased BTC for 12 straight weeks. The company’s co-founder, Michael Saylor, posted Strategy’s Bitcoin portfolio tracker, which was believed to be a hint at another purchase. He captioned the post, saying, “Some weeks you just need to HODL,” which, in hindsight, indicates that they didn’t make a purchase but instead held onto what they had. Source: Michael Saylor’s X Indeed, Saylor and Strategy have shown that they plan to continue holding and accumulating as many BTC as they can. In a recent X post, Saylor stated that Bitcoin is the coin that he will never sell, no matter what. Bitcoin — Michael Saylor (@saylor) July 2, 2025 MSTR Down In Premarket Trading Meanwhile,…
The post Strategy Halts Bitcoin Purchase, Reports $14 Billion BTC Gain appeared on BitcoinEthereumNews.com.
Strategy, previously MicroStrategy, has revealed that it didn’t make any BTC purchase last week, pausing its Bitcoin accumulation after 12 consecutive weeks. The company also reported a Q2 unrealized gain on its BTC investment. Amid this development, the MSTR stock is down in premarket trading, having dropped from its last week’s close of $404. Strategy Puts Bitcoin Acquisition On Hold A SEC filing shows that the company didn’t buy any Bitcoin last week and didn’t sell any shares at the same time. As a result, the firm still holds 597,325 BTC, which it acquired for $42.40 billion at an average price of $70,982 per BTC. However, Strategy announced that it achieved an unrealized gain on digital assets of $14.05 billion during the quarter, which ended June 30, 2025. As of June 30, the company’s digital asset carrying value was $64.36 billion. The company’s failure to buy Bitcoin last week halts its consecutive weekly purchases after 12 weeks, falling short of a new record. Last week, the firm acquired 4,980 BTC for $531.9 million, equaling a previous record it made between November 2024 and early February, when it purchased BTC for 12 straight weeks. The company’s co-founder, Michael Saylor, posted Strategy’s Bitcoin portfolio tracker, which was believed to be a hint at another purchase. He captioned the post, saying, “Some weeks you just need to HODL,” which, in hindsight, indicates that they didn’t make a purchase but instead held onto what they had. Source: Michael Saylor’s X Indeed, Saylor and Strategy have shown that they plan to continue holding and accumulating as many BTC as they can. In a recent X post, Saylor stated that Bitcoin is the coin that he will never sell, no matter what. Bitcoin — Michael Saylor (@saylor) July 2, 2025 MSTR Down In Premarket Trading Meanwhile,…
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