Michael Saylor’s Strategy pauses Bitcoin buys as company sees $14B in unrealized gains in Q2

The company is facing a class action lawsuit over its Bitcoin investment disclosures.

Photo: AI/ Crypto Briefing

Key Takeaways

• Strategy paused Bitcoin purchases as the asset reached a record weekly closing price of $109,200.
• The company's $71 billion investment in Bitcoin has resulted in unrealized gains of over $22 billion at current prices.

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MicroStrategy, now rebranded as Strategy, has hit the brakes on its Bitcoin buying spree as the largest digital asset notched its highest-ever weekly close at $109,200, according to a new SEC filing.

In Q2 2025, the company’s Bitcoin holdings gained $14 billion in fair value.

$MSTR Reports $14 Billion in Total Bitcoin Fair Value Appreciation in Q2 2025 https://t.co/DVxLsZTvEN

— Michael Saylor (@saylor) July 7, 2025

The Tysons-based software firm currently holds approximately 597,325 BTC and is rapidly approaching the 600,000 mark, according to data published on its official website.

At a market price of $109,000 per Bitcoin, the company’s holdings are valued at nearly $65 billion, representing more than $22 billion in unrealized gains.

Source: Michael Saylor Portfolio Tracker

Strategy’s halt in Bitcoin acquisitions comes after an aggressive second quarter of 2025, during which it added 41,407 BTC, including 4,980 BTC in the final week of June. The purchases were primarily funded through common stock sales, with additional funding from preferred equity.

The Bitcoin proxy is facing a class action lawsuit initiated by Pomerantz, a well-established law firm. The Bitcoin proxy has come under scrutiny for its disclosure practices surrounding its Bitcoin investment strategy.

The suit claims the firm overstated the profitability of its holdings, downplayed associated risks, and failed to fully disclose the financial impact of adopting new accounting standards, despite reporting favorable results.

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