Saylor Hints at More Bitcoin Purchases After Strategy's $7.69B Q1 Acquisitions
The strategy paused BTC purchases as Bitcoin fell in the first quarter, but Saylor indicated that further purchases were possible.
Author: Francisco Rodriguez | Edited by: Cheyenne Ligon Updated: April 14, 2025, 5:05 PM Published: April 13, 2025, 6:12 PM
Key points:
- Strategy Acquires 80,715 BTC in Q1 Amid Bitcoin Price Decline
- Saylor Posts BTC Tracker to X, Hinting New Purchase May Be Imminent
- Strategy currently holds 528,185 BTC, more than 2.5% of the total supply.
Bitcoin (BTC) enthusiast Michael Saylor has hinted that his company, Strategy (MSTR), which he co-founded, may announce a new BTC purchase this week, shortly after it reported an expected net loss for the first quarter of the year due to unrealized losses on its significant BTC holdings.
The organization has increased its assets by 80,785 BTC since the beginning of the year, raising a total of $7.69 billion during the first quarter, with more than half of that amount coming from the issuance of common shares. Most, if not all, of these funds were used to purchase bitcoin.
On Sunday, Saylor posted a BTC stock tracker to X, which often precedes a purchase announcement, adding that “there are no tariffs on the orange dots.” The comment implies that the company’s BTC acquisitions have not been affected by the tariffs imposed by Donald Trump earlier this month and the ensuing trade conflicts between the U.S. and China.
No duties on orange dots pic.twitter.com/Cg3bCVPMcM
— Michael Saylor (@saylor) April 13, 2025
The company paused its acquisitions in the week ending April 6. Its crypto assets are currently valued at approximately $44.59 billion, with the acquisition costing $35.63 billion.
Strategy currently holds 528,185 BTC, purchased at an average price of $67,458, according to Bitcointreasuries, representing 2.515% of the total supply of the cryptocurrency.
