Main Points to Note
- Bitcoin advocate Michael Saylor has suggested that Strategy may resume its Bitcoin buying practices after a temporary halt.
- Strategy’s cumulative Bitcoin holdings are 528,185 BTC, which is almost 3% of the total Bitcoin supply.
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It appears that Strategy has potentially resumed its Bitcoin purchasing after a brief interval. Michael Saylor, the executive chairman, tweeted the Bitcoin tracker on X over the weekend, signaling a likely forthcoming purchasing announcement.
No Tariffs on Orange Dots pic.twitter.com/Cg3bCVPMcM
— Michael Saylor (@saylor) April 13, 2025
Saylor’s message follows Strategy announcing around $6 billion in unrealized losses on its Bitcoin investment in Q1 2025.
The organization acquired 80,715 BTC during the quarter at an average value of approximately $94,922 each, while Bitcoin prices dropped nearly 12%, marking its worst quarterly performance since 2018.
Strategy paused its Bitcoin acquisitions in the week ending April 6, citing insufficient buying opportunities for its MSTR and STRK shares.
The firm has invested close to $35 billion in Bitcoin at an average buy price of $67,485 per coin, yielding approximately $8.6 billion in unrealized gains.
Its latest acquisition, disclosed on March 31, involved 22,048 Bitcoin valued at $1.9 billion, increasing its total to 528,185 BTC, nearly 3% of Bitcoin’s supply. These holdings are currently worth around $44 billion.
This week, Bitcoin has faced significant volatility, dropping below $75,000 on Monday only to rebound above $80,000 amid escalating US-China trade tensions.
Today, Bitcoin is trading at approximately $83,700, reflecting a slight decrease in the last 24 hours, according to TradingView.
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