MicroStrategy Stock Reverses Growth Trend After Pause In Bitcoin Purchases

Key Insights

• MicroStrategy stock shows tempered outlook after the firm paused Bitcoin acquisition.
• Strategy reports $14 billion in total Bitcoin fair value appreciation in the second quarter of 2025
• More traditional firms are following the Strategy’s footsteps in adopting BTC.

Stocks of Bitcoin treasury firm MicroStrategy (MSTR), formerly known as Strategy, have failed to continue in an uptrend following its opening into the week.

This development follows the firm’s brief suspension of Bitcoin (BTC) purchases.

The recent movement of MSTR stock suggests a reversal of growth trends after the stock surged towards $400.

Meanwhile, the Bitcoin price is eyeing a fresh rally as momentum resumes in the cryptocurrency market.

A Slowdown in the MicroStrategy Stock Growth Trend

The MSTR stock is currently priced at $359.67, showing no increase over the past 24 hours, according to data from Google Finance.

However, MSTR experienced a 1.06% increase in pre-market trading, indicating significant buying interest.

The slow growth trend in the MSTR stock comes against a backdrop of a brief break in Strategy’s Bitcoin acquisition strategy.

The firm gave the disclosure in an 8-K filing with the United States Securities and Exchange Commission (SEC) on July 7, 2025.

Strategy said it did not buy any BTC between June 30 and July 6. This pause marks the first time Strategy has not bought Bitcoin since the period from March 31 to April 6.

In its last purchase, Strategy bought 4,980 BTC for $531.9 million. This purchase pushed the company’s total Bitcoin holdings to 597,325 BTC.

This holding is currently worth approximately $65 billion, based on BTC’s current price of $109,106. In contrast, MicroStrategy stock also increased by nearly 2% to $389.7.

Strategy has spent $6.77 billion to buy 69,140 BTC between April 7 and June 29, at an average price of $97,906. At current prices, the value of those purchases has increased by over 11.42%.

Strategy Disclose $14B Unrealized BTC Gain in Q2

Strategy has performed quite strongly so far in 2025. Strategy Founder and Chairman Michael Saylor announced that digital assets recorded $14.05 billion in unrealized gains in the second quarter of 2025.

As a result, the associated deferred tax expense increased to $4.04 billion. As of June 30, the digital asset carrying value of the firm amounted to $64.36 billion.

Year-to-date, the firm’s Bitcoin gains amounted to over 88,000 BTC, valued at approximately $9.6 billion. For the full year 2024, BTC gains totaled 140,538 BTC, amounting to $13.1 billion in fiat terms.

Additionally, Strategy entered into a loan agreement during Q2. The agreement provides for aggregate borrowings of up to $31.1 million to fund a capital asset purchase.

Meanwhile, the company did not issue any common or preferred shares over the past week.

Strategy also switched focus from its common stock ATM program to its perpetual preferred stocks for funding Bitcoin acquisitions.

However, the firm announced a sales agreement recently in line with its customary moves. It plans to issue and sell shares worth 10% preferred stock with a total offering price of up to $4.2 Billion.

Institutional BTC Adoption Spike

Bitcoin Treasuries data revealed that 135 public companies have adopted BTC as a reserve asset.

Some of the recent entrants to the game include Nakamoto Holdings, Trump Media, and American video games retailer GameStop.

Separately, Tokyo-based Metaplanet has continued with its strategy of accumulating Bitcoin.

On Monday, July 7, Metaplanet purchased an additional 2,205 BTC for $238.7 million, bringing its total holdings to 15,555 BTC.

Momentum in the BTC market has resumed, fueling bullish expectations. The leading coin surged 0.75% to $109,106 over the past day.

The daily trading volume also increased moderately by 8% to $44.5 billion. Ultimately, the projections is that this accumulation trend will trigger a massive BTC price breakout soon.