From January 27 to February 2, MicroStrategy did not purchase a single bitcoin, breaking a 12-week streak of continuous acquisitions.

Last week, MicroStrategy did not sell any shares of class A common stock under its at-the-market equity offering program, and did not purchase any bitcoin. As of 2/2/2025, we hodl 471,107 $BTC acquired for ~$30.4 billion at ~$64,511 per bitcoin. $MSTR https://t.co/QTBWl8KlNv
— Michael Saylor⚡️ (@saylor) February 3, 2025

The company holds 471,107 BTC, making it the largest corporate owner of the leading cryptocurrency. Since August 2020, MicroStrategy has spent approximately $30.4 billion on building its bitcoin reserves, with an average purchase price of $64,511 per coin.

During the last week of January, the firm also did not sell any Class A common stock under its market offering program, co-founder Michael Saylor noted.

Under its “21/21 Plan” adopted in October 2024, MicroStrategy aims to raise $42 billion in equity and debt over three years to fund further bitcoin acquisitions.

In December, the company’s leadership decided to increase the amount of stock available for sale under the initiative by more than $10 billion, pending shareholder approval.

At the beginning of February, the cryptocurrency market corrected following U.S. President Joe Biden’s announcement of new import tariffs on Mexico, Canada, and the U.S. On Sunday, Bitcoin dropped below $100,000 after the White House’s official statement.

As Asian markets opened the next day, Bitcoin briefly fell to $91,281, while altcoins saw even deeper losses. The market faced record daily liquidations totaling $2.7 billion.

Saylor responded to the price movements in his usual style:

“Never sell your Bitcoin.”

Never sell your Bitcoin.
— Michael Saylor⚡️ (@saylor) February 2, 2025

At the time of writing, Bitcoin recovered to around $99,000 (CoinGecko). MicroStrategy shares, after a sharp dip on the morning of February 3, also rebounded near their previous closing price, down just 0.24%.

Over the past year, MicroStrategy stock has surged 563%, significantly outperforming Bitcoin.

Notably, former hedge fund manager and “Mad Money” host Jim Cramer still believes that adding Bitcoin to a portfolio is a better move than investing in MicroStrategy stock.