Major BTC Holder Skips The Token In Recent Acquisition Drive

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.