Strategy Pauses Bitcoin Purchases Ahead of First Quarter Earnings Report

Strategy Chairman Michael Saylor has announced that the company will pause its bitcoin purchasing program ahead of its first-quarter earnings report on Tuesday.

The brief suspension marks only the second break in the firm's accumulation strategy this year, which has seen the company accumulate approximately 818,334 BTC. This represents nearly 3.9% of the total digital asset supply.

Financial analysts expect the company to report revenue growth of approximately $125 million, compared to $111.1 million during the same period last year. However, forecasts also project a loss attributed to bitcoin accounting and financing costs.