MicroStrategy (MSTR) reported no Bitcoin purchases during the week of July 21-27, 2025, ending its recent acquisition streak according to an SEC Form 8-K filing. The company maintained its holdings at 607,770 BTC, valued at $43.61 billion with an average purchase price of $71,756 per Bitcoin including fees.
Despite the buying pause, MSTR stock rose over 2% in premarket trading to approximately $417, reflecting investor confidence ahead of its July 31 Q2 earnings report. The company disclosed four active at-the-market offering programs with $48.3 billion combined capacity, including $17.04 billion available under its common stock program and $20.45 billion under its STRK preferred stock initiative.
Executive Chairman Michael Saylor's recent social media post referencing MicroStrategy's inaugural 2020 Bitcoin purchase—21,454 BTC at $11,654 each—sparked speculation but did not precede new acquisitions. The pause follows two consecutive weeks of Bitcoin buys in July and precedes a planned $2.5 billion preferred stock offering (Stretch) earmarked for future Bitcoin acquisitions. The company holds $14 billion in unrealized gains from Bitcoin's May rally to $111,900.