Saylor’s Strategy Inc. Pauses Bitcoin Buys After $9B Gains

Michael Saylor’s Strategy Inc. has temporarily paused new Bitcoin purchases after reporting a $3.9 billion unrealized gain in Q3 2025, pushing its total appreciation above $9 billion. The company now holds 640,031 BTC, valued at around $79 billion, with an average cost below $74,000 per coin. Despite the pause, Saylor emphasized that the move reflects strategic risk management, not a market exit, as Strategy Inc. continues to maintain one of the world’s largest corporate Bitcoin holdings—representing over 3% of total supply.