Strategy has paused its weekly Bitcoin acquisitions for the first time in over three months as the current quarter nears its end. This development marks a notable shift for the world’s largest corporate holder of Bitcoin. In a recent filing, the company announced that it did not sell any shares through its at-the-market (ATM) program nor engaged in Bitcoin purchases last week.
Currently, Strategy holds around 762,099 Bitcoins, translating to an approximate valuation of $52 billion, given that Bitcoin is trading at approximately $67,790 as of this report. This represents a 22.5% decline year-to-date, as reflected in CoinGecko's data.
What is happening with the class action lawsuit?
In other developments, a class action lawsuit initiated by David Dodge in July 2025 was dismissed based on a stipulation issued on March 12. The lawsuit alleged violations of voting rights concerning the STRK Amendment. Strategy intends to seek approval from stockholders for the STRK Amendment at its upcoming annual meeting while also agreeing to allocate $550,000 for the plaintiff's attorneys' fees.
How is Strategy funding its Bitcoin strategy? Recently, Strategy has revealed plans for substantial stock sales aiming to support its Bitcoin acquisition strategy. The company has filed to enhance its capacity for capital raising through three ATM programs. These filings encompass a request for up to $21 billion in common stock, an additional $21 billion in Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), and $2.1 billion in 8% Series A Perpetual Strike Preferred Stock (STRK).
The funds generated from these initiatives may be allocated for purchasing Bitcoin and covering general corporate expenses. This approach reinforces the firm’s strategy of primarily funding digital asset accumulation via equity issuance.
Looking ahead, Strategy has set a bold target to hold one million Bitcoins by the conclusion of 2026, highlighting its ambitious stance in the evolving crypto landscape.