MicroStrategy Cools Its Bitcoin Buying Spree Amid Capital Pressure

From 55,000 BTC a week to just 200 BTC. MicroStrategy’s Bitcoin buying pace has ￰0￱ weekly purchases that once topped 55,000 BTC, the company is now adding only around 200 BTC per week, a staggering slowdown in ￰1￱ late 2024 and early 2025, there were weeks when the firm bought over 10,000 BTC, including one historic spike of 55.5K BTC. Now? Just ~200 BTC/week, signaling a sharp change in ￰2￱ Shrinks with It The slowdown isn’t just in quantity, the spending is dropping ￰3￱ outlays have fallen from billion-dollar buying weeks to far smaller ￰4￱ latest purchase? $22.1 million for 196 BTC, averaging around $113K per coin.

That’s a world apart from the headline-making billion-dollar buys that characterized MicroStrategy’s aggressive 2024 ￰5￱ so, the firm continues to accumulate, just at a slower, more measured ￰6￱ small purchase announcement is expected as soon as tomorrow. Second-Largest Bitcoin Investment Year Despite the slowdown, 2025 remains MicroStrategy’s second-largest Bitcoin investment year ever. Year-to-date (YTD), the company has invested a massive $19.53 billion into Bitcoin. That’s only behind 2024’s $21.76 billion, which marked their peak buying phase.

Strategy's Bitcoin buying is slowing — ￰7￱ 55,000 BTC per week to just 200 ￰8￱ thread breaks down what’s changed — and why it matters ￰9￱ — Maartunn (@JA_Maartun) October 26, 2025 Here’s how their yearly BTC investments stack up: 2025 YTD: $19.53B 2024: $21.76B 2023: $1.9B 2022: $276M 2021: $2.57B Even with this year’s slower pace, they’re still putting up historic numbers, miles ahead of what most institutions can manage. 3.2% of All Bitcoin MicroStrategy now controls roughly 3.2% of all Bitcoin in circulation, cementing its role as the largest corporate holder in the ￰10￱ over 214,000 BTC, their treasury stands as a monumental bet on the future of digital ￰11￱ to CoinMarketCap, Bitcoin trades around $113,000 with a market cap near $2.22 trillion, meaning MicroStrategy’s BTC holdings are valued at roughly $24.2 billion.

That’s a colossal position, one that continues to generate both admiration and debate across the crypto ￰12￱ Is Harder to Raise One of the biggest factors behind the slowdown is funding pressure. MicroStrategy’s equity issuance, once their main vehicle for financing massive Bitcoin buys, has lost ￰13￱ on these issuances have collapsed from 208% at the peak to just 4% today. That’s a massive ￰14￱ investors were willing to pay huge premiums for MSTR stock, the company could easily convert equity into billions for Bitcoin purchases. Now, with the premium almost gone, capital raising has become much ￰15￱ financial squeeze explains why the firm’s buying volume has tapered so sharply in ￰16￱ Stock Feels the Pressure The market has noticed the ￰17￱ stock is down roughly 50% from its all-time high, while Bitcoin itself is just -16% away from its ￰18￱ divergence shows that investors are pricing in tighter conditions for MicroStrategy, even though Bitcoin’s price action remains relatively strong.

Still, the company’s underlying Bitcoin position continues to generate massive paper profits, estimated at ~$23.7 billion in unrealized ￰19￱ while the equity side feels the heat, the Bitcoin side remains deeply in the ￰20￱ the Market, or Riding It Interestingly, most of MicroStrategy’s recent buys happen near weekly highs, suggesting the firm is less focused on short-term price timing and more committed to long-term accumulation. They’re not trying to buy dips, they’re trying to keep exposure consistent. That’s the core of their “strategy-as-a-service” philosophy: steady conviction over short-term ￰21￱ at $113K per Bitcoin, the company continues to add to its position.

It’s not the size of the buy that matters, it’s the signal of ￰22￱ ￰23￱ MicroStrategy’s current phase reflects a balance between conviction and ￰24￱ one hand, they remain fully committed to the Bitcoin ￰25￱ the other, funding challenges are forcing them to scale back the aggressive expansion that defined 2024. They’re still buying, but ￰26￱ new purchase reinforces the message that MicroStrategy isn’t done accumulating. It’s simply adapting to a tighter market environment where capital efficiency matters more than ￰27￱ the broader Bitcoin market, MicroStrategy’s slowdown signals ￰28￱ are the headline-grabbing billion-dollar buys, replaced by a steadier, more sustainable pace of ￰29￱ even with smaller weekly purchases, their influence remains ￰30￱ still hold over 3% of the entire Bitcoin supply, making them a systemic presence in Bitcoin’s institutional ￰31￱ the firm ever pivots, the impact could be massive, but so far, all signs point to continued faith in Bitcoin’s long-term ￰32￱ Building, Still Buying Despite the cooling pace, MicroStrategy’s leadership hasn’t wavered in ￰33￱ Michael Saylor has repeatedly emphasized that Bitcoin remains the company’s primary treasury reserve asset and a long-term store of ￰34￱ strategy hasn’t changed, only the scale of execution ￰35￱ phase might mark a slowdown, but it’s also a consolidation, both in strategy and ￰36￱ Saylor himself has hinted before, it’s not about buying fast; it’s about buying ￰37￱ is no longer buying big, but they’re still ￰38￱ pressure, tighter capital markets, and reduced stock premiums have slowed their pace ￰39￱ the core thesis stands: Bitcoin remains the centerpiece of their corporate ￰40￱ $23.7B in unrealized profit, 3.2% of supply under control, and a clear belief in the digital asset’s future, MicroStrategy continues to play the long game, even if the tempo has ￰41￱ ￰42￱ ￰43￱ Bitcoin strategy endures.

Disclosure: This is not trading or investment ￰44￱ do your research before buying any cryptocurrency or investing in any ￰45￱ us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !