Strategy Bitcoin increased holding suddenly hit the pause button, plans to issue and sell 4.2 billion dollars of preferred stock.

Bitcoin long positions Michael Saylor's Strategy made headlines again this Monday, but not due to its usual Bitcoin acquisition actions, rather that it did not buy Bitcoin during the week of June 30 to July 6.

This is the first time since late March that the world's largest enterprise Bitcoin holder has not increased its massive Bitcoin reserve. Currently, Strategy's BTC reserve has reached 597,325 coins, valued at approximately $64.71 billion based on current market prices.

Bitcoin whales pause accumulation, attracting attention.

The strategy to suspend the acquisition of BTC is surprising, especially considering that the company has been adopting an aggressive buying strategy over the past few months. Previous continuous purchases have brought its holdings of Bitcoin close to 3% of the total Bitcoin supply.

According to the data, from April 7 to June 29, the company has invested a total of $6.77 billion to acquire 69,140 BTC, with an average cost of approximately $97,906 per coin. Based on the current Bitcoin market price, the paper profit of this investment has reached 10.4%, increasing its value to approximately $7.49 billion.

The stock price is linked to the Bitcoin price.

In the stock market, Strategy's stock (NASDAQ code: MSTR) slightly fell 0.7% during Monday's early trading session, which is basically consistent with the 0.8% decline in Bitcoin price during the same period. As of the time of publication, MSTR closed at 395 dollars.

This highlights the close correlation between the company's stock price performance and the volatility of the cryptocurrency market. Nevertheless, Strategy's stock has increased by 38.5% year-to-date in 2025, significantly outperforming BTC's 16.1% increase over the same period, and also markedly exceeding the S&P 500 Index's modest growth of only 6.1%.

reserves $4.2 billion in ammunition targeting future BTC investments

In addition to suspending the purchase of BTC this week, the Strategy also did not issue any new common or preferred shares during the mentioned period. However, the company announced a sales agreement, planning to issue and sell up to $4.2 billion of 10% preferred shares.

According to a press release issued by the Bitcoin agency on Monday, the proceeds from this sales agreement will be used for general corporate purposes, which explicitly include future Bitcoin acquisition plans and working capital needs.

The new security called A Series Permanent Preferred Stock will be issued in a "prudent manner" and will fully consider market conditions. This move demonstrates the company's ongoing commitment to using its financing strategy to enhance its Bitcoin reserves, even though it has recently suspended direct purchasing activities.

Bitcoin price dynamics

As of the writing of this article, Gate.io shows that the trading price of Bitcoin (BTC) is 108,382.5 USD, having decreased 0.14% in the past 24 hours. Bitcoin attempted to break through its most critical resistance level of 110,000 USD last week, but failed to set a new historical record.