Strategy Pauses Bitcoin Buys as Peter Schiff Criticizes Accumulation Model

May 4, 2026

< 1 min read

by Anisha Pandey

for CoinEdition

Strategy Pauses Bitcoin Buys as Peter Schiff Criticizes Accumulation Model

AI Overview

Strategy paused weekly Bitcoin buys; Michael Saylor gave no buy signal. Pause tied to funding pressure: STRC preferred stock traded below $100 par for two weeks (11.5% yield) and ATM sales were halted after adding 3,273 BTC in late April ahead of the May 5, 2026 Q1 earnings call. Holdings rose to 818,334 BTC (3.9% of supply), up 40% YoY after deploying over $4.0B into BTC through April, while BTC price fell ~30%. Signals crypto fundraising and adoption risk: preferred stock below par and a stalled ATM program reduce corporate buying demand and pose short-term bearish market impact.

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Strategy halted weekly Bitcoin buys as both STRC and ATM channels stalled.
STRC traded below $100 for two weeks, blocking efficient capital raising.
Holdings rose to 818,334 BTC (3.9% supply), up 40% YoY, while BTC fell 30%.

The weekly buy signal from Michael Saylor did not come this time. Instead, the message confirmed no Bitcoin purchases this week. The pause breaks a steady run of buying through April, when the company deployed over $4 billion into BTC.

The halt links to pressure on Strategy’s two main funding routes. The STRC preferred stock, offering an 11.5% yield, has traded below its $100 par value for two weeks, blocking efficient capital raising.

At the same time, the firm avoided selling shares through its ATM program after adding 3,273 BTC in late April, keeping its stock stable ahead of the May 5 Q1 2026 earnings call. With both funding channels c…

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