Michael Saylor Strategy, the world’s largest corporate Bitcoin holder, has added 3,459 BTC to its treasury for $285.8 million, reinforcing its bullish stance despite recent market turbulence. The acquisition, finalized between April 7-13, brings Strategy’s total Bitcoin holdings to 531,644 BTC—worth over $45 billion at current prices.
Key Details of the Purchase
• Average Price: $82,618 per Bitcoin.
• Funding Source: Proceeds from the sale of Strategy’s Class A common stock (MSTR).
• Total Investment: $35.9 billion spent to date, averaging $67,556 per BTC.
The move follows a brief pause in buying earlier this month, during which Bitcoin’s price dipped below $80,000 due to macroeconomic uncertainty tied to U.S.-China trade tensions. Strategy’s latest purchase aligns with its long-term strategy to accumulate Bitcoin as a hedge against inflation and market instability.
Market Context and Strategy’s Resilience
Despite Bitcoin’s 12% decline in Q1 2025—its worst quarterly performance since 2018—Strategy has maintained its aggressive acquisition pace. The firm reported nearly $6 billion in unrealized losses during the first quarter but remains undeterred, leveraging equity sales to fund purchases. Analysts at Bernstein predict Strategy could double its Bitcoin holdings to 1 million BTC by 2033, citing manageable debt levels and no major payments due until 2028.
Michael Saylor, Strategy’s co-founder, teased the purchase on social media with the phrase “No tariffs on orange dots”—a nod to the company’s Bitcoin tracking chart. His confidence contrasts with broader investor caution, as global markets reel from tariff-related volatility.
Why This Matters for Crypto Investors
• Institutional Confidence: Strategy’s continued buys signal institutional faith in Bitcoin’s long-term value.
• Market Influence: The firm now holds over 2.5% of Bitcoin’s total supply, making it a key player in price dynamics.
