Strategy pauses bitcoin buying, adds $225M to cash reserves
Macro & Markets ·
The company's bitcoin holdings stayed flat at 843,775 BTC while its USD reserve climbed to $3.2 billion, according to a post on x.com.
Strategy added $225 million to its USD reserves without purchasing additional bitcoin, extending a buying pause that has now stretched over the past week, according to cryptopotato.com. The company's bitcoin treasury remains unchanged at 843,775 BTC, a figure that continues to rank among the largest corporate holdings of the asset.
The cash buildup was funded in part through equity sales. Strategy sold $263.5 million in MSTR shares and made no bitcoin purchases during the period, pushing its USD reserve past the $3.2 billion mark, according to theblock.co. The move marks a shift from the company's typical pattern of directing raised capital toward additional bitcoin purchases.
The pause and reserve increase were also flagged with reference to an SEC filing, according to wublockchain.xyz, which corroborated the $225 million figure and the halt in BTC buying over the past week. Separate replies characterized the move as Strategy stacking both BTC and cash reserves simultaneously, with one describing the posture as hedging hard, while another reply simply referenced the USD reserves figure without additional detail.
Seven distinct sources have covered the development, with figures for the $225 million reserve increase, the $3.2 billion total USD reserve, and the 843,775 BTC holding consistent across accounts. What remains unclear is how long the pause in bitcoin purchases will last and whether the shift toward cash accumulation reflects a temporary response to market conditions or a longer-term change in treasury strategy. Also unresolved is the specific rationale behind funding the reserve buildup through share sales rather than debt issuance, a method the company has used previously for bitcoin purchases.