$BTC MicroStrategy Pauses Bitcoin Buying — What It Means 🧭
MicroStrategy, the biggest company buying Bitcoin, has stopped its 12-week buying streak. ❌📦 From Jan 27 to Feb 2, it didn’t buy any new BTC, as confirmed in an SEC filing. 📄
🧩 Important Facts:
💰 BTC Held: 471,107 BTC (worth ~$44B now)
📉 Average Buy Price: Around $64,511 per BTC
🏦 Money Left to Use: $4.35B in stock still available to raise more funds
💸 Just raised $563M from preferred stock sale
👉 This pause doesn’t mean they’re done — they’re just waiting for the right time due to market ups and downs. 🌊
📉 Stock Update:
MSTR stock dropped 1–2%, closing near $334 — still up 567% this year! 🚀
Mizuho still says "buy," with a $511 target. 🏹
💬 What Traders Think:
📊 Short-Term: Less buying may affect price. Watch if they sell or raise more funds.
📈 Long-Term: They’re likely waiting to buy again if BTC drops.
🎯 Strategy Tip:
MSTR = fast-moving Bitcoin play for traders
Long-term investors might find value if BTC pumps again 💸📈