Michael Saylor, the former CEO of the business intelligence company Strategy, has hinted at a forthcoming Bitcoin acquisition announcement on Monday.
The billionaire took to the X social media platform earlier to state that there are “no tariffs on orange dots.”
The orange dots depicted in the graph signify the company’s Bitcoin acquisitions.
According to a report by U.Today, Strategy made a significant $2 billion Bitcoin purchase on March 31, raising its total holdings to nearly 530,000 coins.
However, the company did not increase its coin holdings between March 31 and April 6.
It is important to highlight that Strategy’s Bitcoin acquisitions generally have minimal effect on Bitcoin’s price due to market pricing.
The leading cryptocurrency is currently trading at $84,762 on the Bitcoin exchange.
Strategy’s stock has dipped by 0.69% in after-hours trading, although it experienced a surge of over 10% on Friday.
The firm’s average purchase price stands at $67,458, which means a significant Bitcoin correction could negate all its gains in the asset.
Having been the investment highlight of 2024 with substantial gains, Strategy has shown little movement in 2025 thus far. Bitcoin’s price has notably lagged this year amid macroeconomic challenges influenced by tariffs.
Nonetheless, Saylor appears undeterred by the prevailing market fluctuations. Earlier this week, he remarked that Bitcoin thrives amid chaos on his social media account.
The billionaire also drew comparisons between Strategy’s impressive annual returns and those of Tesla, Nvidia, and Bitcoin.
