Strategy has paused its weekly Bitcoin purchases for the first time in more than three months, ending a 13-week buying streak as geopolitical tension and macro uncertainty continue to shape digital asset markets. The company disclosed in a Monday filing that it did not sell shares through its at-the-market programs and did not acquire Bitcoin during the week ended March 29.
The pause leaves Strategy’s holdings unchanged at 762,099 BTC, acquired at an average price of $75,694 per coin for a total cost of about $57.7 billion, including fees and expenses. At current market prices, the position is valued at roughly $51.6-$52 billion. The company remains the largest publicly traded corporate holder of Bitcoin, with its treasury representing more than 3.6% of the asset’s fixed 21 million supply.
The latest filing also comes as Bitcoin trades below the company’s average acquisition cost. At press time, Bitcoin was near $67,600, down sharply from its 2025 highs and still lower on the year, but up 1.5% in the last 24 hours after Trump’s announcements. Strategy’s pause follows a long accumulation run that began in late December and added more than 90,000 BTC to its balance sheet.
Strategy Holds Treasury Steady While Funding Plans Expand
Strategy said no shares were sold under its at-the-market programs last week, a break from the equity-funded model it has used to finance most of its Bitcoin purchases. The company’s capital strategy remains active, however. It recently expanded its fundraising capacity across several stock programs, including up to $21 billion in common stock, up to $21 billion in STRC preferred stock, and up to $2.1 billion in STRK preferred stock.
The company said proceeds from those programs may be used for Bitcoin purchases and general corporate purposes. That structure remains central to Strategy’s long-term plan, which aims to fund ongoing accumulation through equity issuance rather than relying solely on traditional debt. The broader “42/42” framework still targets total capital raising of $84 billion through 2027.
Strategy also disclosed an update on shareholder litigation. A class action suit filed in July 2025 over voting rights tied to the STRK Amendment was dismissed as moot under a March 12 stipulation. The company said it will seek stockholder ratification of the amendment at its next annual meeting and will pay $550,000 toward plaintiff attorneys’ fees.
The pause in Bitcoin buying came as markets responded to new remarks from President Donald Trump on Iran. In a public statement, Trump said the United States was in serious discussions with what he described as a “new, and more reasonable, regime” to end military operations in Iran. He also warned that if no deal is reached and the Strait of Hormuz is not reopened, the US could target Iran’s electric plants, oil wells, Kharg Island, and possibly desalination plants.
Those comments were followed by a rise in energy prices. Brent crude moved above $116 a barrel, while the average US gas price reached $3.99 a gallon, according to AAA. Iran rejected the US claims of progress and described the demands tied to ending the conflict as unrealistic. The gap between the two sides has kept markets sensitive to each headline.
US Secretary of State Marco Rubio later said there were fractures inside Iran’s leadership but did not identify the parties involved in the reported discussions. He said people involved in private contacts were saying some of the right things, though he stopped short of offering a timeline for any agreement.
Bitcoin Faces Macro Headwinds as Strategy Waits
For Bitcoin, the latest geopolitical turn adds to an already difficult macro setting. Higher oil prices can reinforce inflation pressure and keep interest rate expectations firm, conditions that tend to weigh on risk-sensitive assets.
Strategy’s decision to pause weekly purchases does not change its broader treasury model, but it comes at a time when market direction remains closely tied to global developments outside crypto.
The company still aims to reach one million Bitcoin by the end of 2026, and the latest pause appears to reflect timing rather than a broader policy reversal. Even so, the decision stands out because it interrupted one of the longest uninterrupted buying stretches in the firm’s history.