Strategy temporarily halts new bitcoin purchases
Date: 2025-07-08 Author: Gabriel Deangelo Categories: BUSINESS
Strategy reported that it decided to temporarily stop buying bitcoins, citing a desire to act prudently in the face of short-term exchange rate fluctuations. According to Michael Saylor, who heads the company, despite the current pause, bitcoin is still seen as a reliable way to save capital, but the approach to purchases may change if the market demonstrates high volatility.
Saylor emphasized that sometimes the best option is to simply hold bitcoins and not panic. He recalled that in the first quarter, Strategy had already had to face losses exceeding $5.9 billion due to a drop in the value of the cryptocurrency by about 12%. This led to claims from shareholders, who filed a lawsuit, accusing the management of misinformation.
However, Strategy representatives assured that the company's global course has not changed: the company still intends to increase its bitcoin reserves and will use such mechanisms as issuing new shares or debt securities for this.
Some experts believe that this approach is justified. Richard Byworth of Syz Capital believes that Strategy has chosen the right tactics, but advises the company to act more decisively. In his opinion, in order to maintain its leadership position, it is possible to consider accelerating purchases, as well as the option of acquiring competing firms, especially in the context of decreasing bitcoin liquidity on large platforms.
We will add that the company is already facing legal difficulties: the well-known law firm Pomerantz filed a class action lawsuit in the federal court of the Eastern District of Virginia. In it, Strategy is accused of violating US securities laws, as well as intentionally misleading investors about the profitability of their investment course.
Despite the lawsuits and losses, Strategy management makes it clear that it is not going to completely abandon cryptocurrency and views the pause only as a temporary measure to adapt to current market conditions. The company emphasizes that it is ready to use all financial instruments to accumulate bitcoins when the market becomes more predictable.
