MicroStrategy Pauses Bitcoin Purchases, Eyes 1M BTC Q2 Target
MicroStrategy has temporarily halted its weekly Bitcoin acquisitions ahead of its May 5 Q1 2026 earnings release, with purchases set to resume next week under Chairman Michael Saylor’s guidance. As of late April, the firm holds over 818,000 BTC at an average cost of $75,537, pursuing a plan to reach 1 million coins in Q2.
1. Pause in Weekly Bitcoin Buys
The company halted weekly Bitcoin acquisitions just days before its Q1 2026 earnings release on May 5, with Chairman Michael Saylor confirming that purchases will resume next week following the regulatory quiet period.
2. Accumulated Holdings and Funding Mechanisms
As of late April, total holdings stand at over 818,000 BTC acquired at an average cost of $75,537 per coin, funded through a mix of common and preferred stock sales, high-yield STRC shares, and occasional debt offerings.
3. Q2 Outlook and 1M Bitcoin Goal
The firm maintains an aggressive accumulation strategy with a Q2 target of 1 million BTC, supported by continued STRC funding and potential billion-dollar purchases as part of its long-term treasury approach.