Strategy (MSTR), the largest publicly traded corporate holder of bitcoin BTC$91,349.64, appears to have paused its accumulation of BTC last week.
Executive Chairman Michael Saylor typically signals upcoming purchases every Sunday on X and follows with full details early Monday morning. This week, however, he remained silent — breaking a consistent six-week pattern of weekly buys that began on Oct. 6.
According to the company’s dashboard, Strategy still holds 649,870 BTC at an average purchase price of $74,433.
The pause comes at a challenging moment for MSTR. The stock is trading roughly 70% below its all-time high, and its multiple to net asset value (mNAV) has slipped to just above 1, the lowest level of the current market cycle. The firm is also dealing with growing chatter about a potential exclusion from major equity indexes, a prospect that drew a sharp response from Saylor last week.
Even so, MSTR shares rose 1.5% early Monday, aided by bitcoin’s weekend rebound to about $86,200.
