Michael Saylor’s Strategy Pauses Bitcoin Buying as Holdings Soar to $79 Billion

Michael Saylor’s company, Strategy, has temporarily halted its routine Bitcoin purchases, marking its first pause since July. In a recent X post, Saylor informed followers there would be “no new orange dots this week,” referencing the visual representation of the firm’s BTC buys. The announcement comes as Strategy’s Bitcoin holdings hit a record valuation of $79.4 billion, reinforcing its long-term investment vision.

The pause follows the company’s most recent acquisition of $22.1 million in Bitcoin at an average price of $113,048 per coin, bringing its total holdings to 640,031 BTC purchased for $47.35 billion at an average price of $73,983. Saylor emphasized that despite the break, Strategy remains committed to long-term accumulation, often timing pauses around earnings or market fluctuations.

Since its initial Bitcoin investment of $250 million, Strategy’s holdings have grown exponentially, even weathering an early $40 million unrealized loss. Over the past seven weeks alone, the company added 11,000 BTC, maintaining its position as the largest corporate Bitcoin holder, now controlling about 3% of Bitcoin’s circulating supply. The firm’s market value now exceeds that of traditional financial giants like Barclays, Deutsche Bank, and BNY Mellon.

Meanwhile, institutional adoption continues to surge. A VanEck report revealed that digital asset treasuries now hold $150 billion in cryptocurrencies, with significant allocations to Ethereum and Solana. BitMine recently expanded its ETH treasury with a $1 billion purchase, while Nasdaq Asia’s VisionSys launched a $2 billion Solana treasury strategy through Marinade Finance.

Despite a 16% decline in blockchain revenues due to lower market volatility, institutional confidence in digital assets remains strong, underscoring the growing belief in crypto’s role as a long-term financial cornerstone.