Michael Saylor, co-founder of Strategy (MSTR) and a vocal advocate for Bitcoin, has suggested that the company may soon announce additional Bitcoin (BTC) purchases, despite the company’s anticipated net loss for Q1 driven by unrealized losses on its Bitcoin holdings.
Since the beginning of the year, Strategy has acquired 80,785 BTC, part of a $7.69 billion capital raise during Q1, with a significant portion of the funds coming from stock sales. The majority of the proceeds from this capital raise were directed towards increasing the company’s Bitcoin reserves.
In a recent post on X, Saylor shared a Bitcoin holdings tracker, typically a precursor to an official purchase announcement. He added a playful remark: “No tariffs on orange dots,” signaling that the recent U.S.-China trade tensions and the tariffs imposed by former President Donald Trump have not impacted the company’s Bitcoin purchasing strategy.
While the company halted its Bitcoin purchases during the week ending April 6, its holdings are now valued at around $44.59 billion, up from the $35.63 billion spent to acquire them.
Strategy currently holds a total of 528,185 BTC, with an average purchase price of $67,458 per coin, representing approximately 2.515% of Bitcoin’s total circulating supply, according to Bitcointreasuries data.
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