Strategy halts weekly Bitcoin acquisitions and equity offerings
Breaking a 13-week consecutive streak, the world's largest publicly-traded Bitcoin treasury corporation has foregone its regular weekly cryptocurrency acquisition with no explanation from Michael Saylor.
The world's leading publicly-traded Bitcoin (BTC) treasury corporation, Strategy, has disclosed that it made no further acquisitions of the digital asset during the previous week, as numerous organizations are shifting toward alternative revenue generation strategies.
According to a filing submitted Monday to the US Securities and Exchange Commission (SEC), Strategy, under the leadership of Michael Saylor, disclosed that the company made no Bitcoin acquisitions during the period spanning March 23 through March 29, and additionally did not engage in any share sales. The company's holdings stood at 762,099 BTC as of Sunday, representing a value exceeding $51 billion based on current market prices at the time of publication.
Under normal circumstances, Strategy finances its BTC acquisitions by selling its common stock. Nevertheless, the filing revealed that the company "did not sell any shares under its at-the-market offering program and did not purchase any Bitcoin."
The trading value of its MSTR Class A stock on the Nasdaq exchange has experienced a decline exceeding 60% over the past six months, trading at $126.78 per share at the time of publication.
Based on Strategy's documented acquisition record, Monday's filing would represent the first occasion that the corporation has not disclosed a weekly BTC acquisition since December 2025.
While Executive Chairman Michael Saylor has not provided any public statement explaining the decision, several companies have been transitioning away from mining or accumulating additional cryptocurrency due to escalating difficulty levels and declining valuations — Bitcoin's price has dropped by more than 18% over the past 12 months, trading at $67,197 at the time of publication.
Saylor's weekly announcements on the X social media platform have garnered significant attention from observers as his company has continued expanding its BTC reserves.
As mining companies pivot to AI/HPC, crypto ties remain
In another illustration of a company stepping back from its Bitcoin accumulation approach, cryptocurrency mining firm MARA Holdings divested 15,133 BTC for approximately $1.1 billion during March. According to an SEC filing, the company indicated that the sale proceeds would be allocated toward reducing its convertible debt obligations.
Conversely, Canaan has disclosed an expansion of its BTC and Ether (ETH) reserves while simultaneously continuing to grow its mining operations in Texas. According to the company's reports, it maintained holdings of 1,793 BTC and 3,952 ETH as of March 10.