Michael Saylor said that Strategy will not buy Bitcoin (BTC) this week. The break comes two days before the company reports first-quarter (Q1) 2026 earnings on May 5.
The break came at MicroStrategy’s first sharp quarterly Bitcoin price. The company is also shifting capital to preferred stock instead of reducing the number of shares.
MicroStrategy Bitcoin Stop Compatible With Windows Earnings
The break ends a an almost weekly cadence that has defined MicroStrategy’s 2026. Purchase for 13 weeks it was made at the end of March.
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Way now they hold 818,334 BTC worth $64.44 billion at a price of $75,532 per coin, a 4.23% unrealized profit.
Q1 still saw aggressive accumulation. MicroStrategy added approximately 89,600 BTC for $5.5 billion last quarter, the second largest quarterly purchase in the company’s history. Bitcoin fell more than 20% during the same period.
Earnings Will Test the STRC Pivot
Meanwhile, Wall Street he hopes Q1 revenue of close to $120 million is a GAAP loss driven primarily by Bitcoin accounting.
Zacks pegged the EPS consensus at a negative $3.41, while most analysts are pointing to a deeper loss. corresponding to the quarterafter MicroStrategy reported an undisclosed $14.5 billion loss in its own Q1 GAAP report.
“According to Zacks Investment Research, based on 1 analysts’ forecasts, the EPS forecast for the quarter is $-3.41. The EPS reported for the same quarter last year was $-16.49,” Nasdaq report.
Investors will follow Your favorite Stretch (STRC) sharing app.. STRC has been the first engine since Strategy stopped selling what was common in the market.
Shares pay an 11.5% dividend and have recently traded below that. Defendants including Peter Schiff argue that this structure causes dilution and refinancing risk if Bitcoin is going lower.
The May 5th call is at 5pm ET on Zoom, X, and YouTube. Investors will be looking to see if buying resumes next week or if a gradual correction is now ahead.
A note MicroStrategy Halts Bitcoin Buys Ahead of May 5 Q1 Earnings appeared for the first time BeInCrypto.
