Strategy suspends bitcoin purchases this week. After 108 transactions, Michael Saylor's company holds 818,334 BTC. The decision comes two days before the publication of its quarterly results. Crypto market analysts are watching.
In brief
- Strategy (Nasdaq: MSTR) made no purchases of bitcoin this week.
- The company holds 818,334 BTC, or approximately 3.9% of the total supply.
- The break precedes the publication of Q1 results, Tuesday May 6, 2026.
- Wall Street expects a loss of $18.98/share for Q1 2026.
A break in the bitcoin buying cycle
For months, crypto investors have been watching for Saylor's orange chart. Many consider it a weekly signal of institutional purchases of bitcoin. This time, the message of May 3, 2026 changed everything. Saylor posted on X:
No purchases this week. Back to work next week.
It is about the second break of the yearafter that of March 23 to 29. The dashboard still shows 818,334 BTC, valued at approximately $64.44 billion. As for the average acquisition price, it amounts to $75,537 per unit. The price of bitcoin was hovering around $78,533 that day.
The previous week, Strategy added 3,273 BTC to its bitcoin cash. This represents approximately $255 million at $77,906 per unit. Which brings the annualized BTC yield to 9.6%.
Q1 results: Strategy’s bitcoin under financial pressure
Strategy publishes its first quarter results on Tuesday May 6, 2026. Wall Street anticipates a loss of $18.98 per share, compared to $16.38 in Q1 2025. A deterioration which reflects the company's direct exposure to bitcoin fluctuations.
THE balance sheet revealed :
- debt of $8.25 billion;
- reserves in USD of 2.25 billion;
- a net leverage of 9%.
Annual dividends reach $1.49 billion. There implied volatility of the stock remains high at 64%.
The STRC preferred stock is also debated. Some crypto investors consider it risky in the event of a decline in BTC. Conversely, Benchmark analyst Mark Palmer defends it as a “deliberate and sustainable” structure for converting demand for bitcoin exposure.
In any case, Strategy is marking time. This pause is a reminder that even the largest bitcoin holders remain subject to the constraints of financial markets. Institutional adoption of bitcoin is never linear.
Maximize your Tremplin.io experience with our 'Read to Earn' program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
