Strategy has officially paused its aggressive Bitcoin (BTC) acquisition strategy this week, ending a relentless 13-week buying streak just days before its Q1 2026 earnings report scheduled for May 5. The software firm, led by Executive Chairman Michael Saylor, currently holds a massive 818,334 BTC, valued at roughly $64.44 billion, with an average purchase cost of $75,532 per coin.
No buys this week. Back to work next week. $BTC pic.twitter.com/lqliYZPAf4
— Michael Saylor (@saylor) May 3, 2026
This pause coincides with Bitcoin reclaiming the $80,000 mark, a level that has recently acted as a stiff resistance barrier for traders.
The breakout above $80,000 came as oil prices fell and tensions in the Middle East eased, reducing pressure on risk assets. Bitcoin touched $80,393, reclaiming a key support level, but traders are still cautious.
BREAKING: Bitcoin reclaims $80,000
— Kalshi (@Kalshi) May 4, 2026
Bitcoin tops $80,000 after AIMCo reveals $219 million investment
Bitcoin climbed above $80,000 on Monday, hitting its highest level since January 2026. The move came after Alberta Investment Management Corporation (AIMCo) disclosed a $219 million stake in Strategy, picking up 1.38 million shares in Q1. This is AIMCo’s first major allocation to a Bitcoin-linked asset. The pension fund manages about $194 billion in assets.
The entry of AIMCo, one of Canada’s largest institutional investors, into Strategy shares shows a broader trend of public funds seeking indirect exposure to the world’s leading cryptocurrency. By holding 1.38 million shares of MSTR, AIMCo gains leveraged exposure to Bitcoin’s price movements within a regulated, NASDAQ-listed framework, avoiding the direct custody challenges that often deter conservative pension funds.
Strategy’s pause draws analyst scrutiny
Strategy’s decision to pause comes after a quarter marked by aggressive accumulation, with reserves rising from 713,000 to over 818,000 BTC. The company remains the largest corporate holder of Bitcoin.
Despite a period of sideways market movement, the company continues to leverage capital markets to increase its treasury, leading to a performance divergence between its stock price and the underlying cryptocurrency.
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