Two switch the mach hold to spd hold and then back to mch hold.
I never tried that, so I expect that was the problem.
Was it full throttle? I find it'll take some time to build up speed. Did you fly calm weather? The model you are flying realistic?
Once you switch on autothrottle, you can change your joystick throttle to lots of different setting with out your aircraft's speed changhing. Yes the weather was calm with 0 wings, and the model is as realistic as they come, made by IFDG.
Mach hold only holds the current mach you are flying when you set it.
Not on my sim, I can change the mach and the aircraft changes it's speed. That's what autothrottle does...