 MicroStrategy halted Bitcoin purchases, says it will hodl $30B BTC 
2025-02-04
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Michael Saylor, executive chair of MicroStrategy, announced that that firm had broken with its pattern of selling shares of its common stock to purchase Bitcoin.
In a Feb. 3 X post, Saylor said MicroStrategy was holding 471,107 Bitcoin BTCUSD as of Feb. 2, which the firm purchased for more than $30 billion. According to Saylor, MicroStrategy did not sell any of its stock shares between Jan. 27 and Feb. 2, just seven days after the firm announced it had acquired more than 10,000 BTC worth roughly $1 billion at the time.
The MicroStrategy notice marked the end of 12 consecutive weeks of the company announcing Bitcoin purchases, starting shortly before the US election in November 2024. The firm first started accumulating crypto in August 2020 with a 21,454 BTC purchase for $250 million and has gone on to become one of the largest Bitcoin holders in 2025.
The price of Bitcoin dipped under $100,000 over the weekend as markets reacted to US President Donald Trump announcing tariffs on China, Mexico and Canada, with reported plans to extend them to the European Union. At the time of publication, BTC’s price had bounced back to more than $98,000 amid Mexico’s president, Claudia Sheinbaum, reaching an agreement to delay the tariffs by a month.
Other companies looking to Bitcoin as a reserve asset
Many companies have followed in MicroStrategy’s footsteps by purchasing Bitcoin as a hedge against inflation, though the firm remains one of the biggest hodlers. Healthcare firm Semler Scientific and streaming platform Rumble have announced multimillion-dollar BTC buys in the last 60 days, while crypto mining company MARA held 44,394 BTC as of Dec. 18.
In addition to private firms, many government agencies have floated the idea of establishing Bitcoin stockpiles. On Jan. 23, Trump signed an executive order to create a working group to explore regulations around a strategy BTC reserve in the US. The board of the Czech National Bank also voted in January to explore “other asset classes” for its reserves without specifically mentioning Bitcoin.