Michael Saylor’s Strategy Set to Resume Bitcoin Buying After Brief Pause
After a rare week-long pause in Bitcoin accumulation, Strategy is gearing up to resume its purchasing spree, according to co-founder Michael Saylor.
In a Sunday post, Saylor hinted at renewed activity, writing, “Some weeks, you don’t just HODL.”
The pause followed a streak of 12 consecutive weeks of Bitcoin buys, with the company’s last purchase on June 30 totaling 4,980 BTC for $532 million. Strategy currently holds 597,325 BTC—valued at over $70.9 billion—making it the largest corporate holder of the asset.
Last week, the firm announced plans for a $4.2 billion capital raise, which many believe is tied to further BTC accumulation. Strategy’s stock is trading at around $434, up 16% this month, but still shy of its all-time high of $543 reached in late 2024.
The firm’s aggressive acquisition strategy has become a major driver in Bitcoin’s market dynamics. Treasury accumulation by companies like Strategy now outpaces daily mining output, leading to speculation about a looming supply squeeze. However, some analysts caution that this level of debt-fueled Bitcoin buying could pose systemic risks if sentiment shifts.
At the time of writing, Bitcoin is trading at $119,127 as interest from institutions continues to shape market direction.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
