After Nearly $80 Billion In Bitcoin, Saylor Says It’s Time To Pause – For Now
Strategy (formerly MicroStrategy), led by Bitcoin advocate Michael Saylor, is temporarily pausing its regular Bitcoin acquisitions after amassing nearly $80 billion in BTC holdings. The firm says it remains committed to long-term accumulation but will take a break this week, marking a rare pause in its consistent buying pattern.
Strategy Pauses Weekly Bitcoin Buys
Michael Saylor, executive chairman of Strategy, announced that the firm will pause its weekly Bitcoin purchases. The statement, made via social media, noted there would be “no new orange dots this week,” referring to the symbolic markers Strategy posts for each BTC acquisition.
The announcement comes just after the firm disclosed a $22.1 million purchase at an average price of $113,048 per Bitcoin. This latest buy pushed Strategy’s total BTC holdings to 640,031, acquired at a total cost of $47.35 billion, averaging $73,983 per coin. At current prices (approximately $124,880 per BTC), the holdings are now valued at roughly $79.03 billion—nearly 3% of Bitcoin’s circulating supply.
No new orange dots this week — just a $9 billion reminder of why we HODL. pic.twitter.com/P84m14WF3G
— Michael Saylor (@saylor) October 5, 2025
Bitcoin Holdings Grew From Modest Start
Strategy began its Bitcoin investment program in 2020 with a $250 million allocation. At one point, the firm endured an unrealized loss of $40 million. However, its aggressive accumulation strategy has since made it the leader in corporate Bitcoin holdings. Over just the past seven weeks, Strategy added over 11,000 BTC to its stash.
The size of Strategy’s Bitcoin treasury now rivals the market capitalizations of major financial institutions, underscoring the firm’s transformation into a quasi-Bitcoin ETF by some observers’ standards.
Market Context and Investor Signals
This week’s pause is not unprecedented. Strategy previously halted buys in July and has historically timed pauses around earnings reports or significant market shifts. This latest break is being framed as an opportunity to highlight long-term value rather than a retreat from its Bitcoin-first approach.
Analysts suggest the firm remains committed to accumulating BTC, even as the tempo fluctuates. Some investors view the pause as routine, while others await Strategy’s upcoming financial disclosures for insight into future activity.
Institutional Interest in Crypto Continues to Climb
According to a recent report from VanEck, institutional crypto treasuries now total around $150 billion. Ethereum and Solana accounted for a growing portion of this figure, signaling broadening institutional interest beyond Bitcoin.
While on-chain revenues for major blockchains declined 16% month-over-month due to muted volatility, institutional players have continued to increase ETH allocations. VanEck also warned that heavy ETH staking by large entities may dampen yield opportunities for smaller holders—a dynamic that could affect how retail investors engage with the network.
Featured image from Unsplash, chart from TradingView
