MicroStrategy halts Bitcoin purchases. From its first $250-million Bitcoin purchase in August 2020 to February, MicroStrategy had owned 471,107 BTC for about $30 billion.
Michael Saylor, executive chair of MicroStrategy, said the company had deviated from its usual model of selling shares of its common stock to buy Bitcoin. Saylor said in a Feb. 3 X post —formerly known as Twitter — that MicroStrategy held onto 471,107 Bitcoin
On Feb. 2, the firm bought it for more than $30 billion. This was just seven days after the firm announced that it had purchased over 10,000 at an approximate cost of $1 billion, with MicroStrategy not having sold any of its stock shares between Jan. 27 and Feb. 2, according to Saylor.
MicroStrategy halts Bitcoin purchase announcement.
The MicroStrategy announcement brought to an end 12 successive weeks of the company declaring Bitcoin acquisitions on its balance sheet since it began around the time of the US election in November 2024. The firm made its initial Bitcoin purchases in August 2020, acquiring 21,454 BTC for $250 million, and grew to be among the largest holders of Bitcoin in 2025.
Bitcoin’s price fell below $100,000 over the weekend as markets digested the news US President Donald Trump has declared tariffs on China, Mexico, and Canada and said at a press conference he would also deploy them against the European Union. As of the time of press, the BTC price had regained over $98,000 over news that Mexico’s president, Claudia Sheinbaum, had secured an agreement to push back the tariffs a month.
Other companies looking to Bitcoin as a reserve asset
Some companies have followed MicroStrategy’s lead and bought Bitcoin as a hedge against inflation, but the firm is still one of the largest holders. Over the past two months, healthcare firm Semler Scientific and streaming platform Rumble announced multimillion-dollar BTC purchases, and as of Dec. 18, crypto mining company MARA held a total of 44,394 BTC.
Several government agencies have proposed
Several government agencies have proposed to build Bitcoin stockpiles along with private firms. Trump signed an executive order creating a working group to explore regulations around a strategy BTC reserve in the US on Jan. 23. In January, the Czech National Bank’s board members also voted to consider “other asset classes” concerning its reserves, although no explicit mention of Bitcoin was made.