Strategy, formerly known as MicroStrategy, has been seen skipping the BTC acquisition drive for the second time. However, the firm also did not release any tokens. As a result, it maintained its overall count of 478,740 BTC. This has raised questions among enthusiasts and investors as a whole.
Strategy has invested close to $31.1 billion in BTC since 2020. Strategy’s BTC holding is close to 478,740 BTC, with a value close to $46 billion as BTC is traded at $97,000. However, the company did not see any patronage for its class A common stock offered via its at-the-market equity program.
What Is Up?
Analysts at CryptoNews have pinpointed a pattern. This is the second time such a thing happened where Strategy skipped a BTC acquisition drive. The first occasion was also in February, but a year back. Back then, a similar situation popped up where strategy sales did not perform as well.
Last week, @Strategy did not sell any shares of class A common stock under its at-the-market equity offering program, and did not purchase any bitcoin. As of 2/17/2025, we hodl 478,740 $BTC acquired for ~$31.1 billion at ~$65,033 per bitcoin. $MSTR https://t.co/gDVOokFY8p
— Michael Saylor⚡️ (@saylor) February 18, 2025
Given how the market is on edge, Michael Saylor of Strategy shared an official statement on his social media handle, “Last week, @Strategy did not sell any shares of class A common stock under its at-the-market equity offering program and did not purchase any bitcoin. As of 2/17/2025, we hodl 478,740 $BTC acquired for ~$31.1 billion at ~$65,033 per bitcoin. $MSTR.” Otherwise, a latent panic was growing in the market as Strategy is a big name in the industry. Hence, if Strategy chooses to skip a coin, it can cause concern in the general populace.
Therefore, this brief pause of Strategy’s BTC acquisition drive is not because of a losing interest in BTC. It is completely due to another reason.
