Strategy, led by Michael Saylor, announced $14.05 billion in unrealized gains on its Bitcoin holdings for Q2 2025. Despite the substantial gains, the firm paused its weekly Bitcoin purchases, keeping its holdings steady at 597,325 BTC. This pause aligns with a new $4.2 billion at-the-market equity offering intended to fund future Bitcoin acquisitions. In related developments, Japan's Metaplanet expanded its Bitcoin reserves by acquiring 2,204 BTC, becoming the fifth-largest corporate holder. Meanwhile, CleanSpark increased its mining output by over 50% year-over-year, boosting its hashrate to 50 EH/s, although its stock fell nearly 8%. Strategy's decision to pause purchases came after a brief Bitcoin price drop to $105,400, with a subsequent rebound above $110,000.