Michael Saylor Teases New Bitcoin Buy after $ 7.69 Billion Q1 BTC Q1 BTC Purchase
Bitcoin (BTC) proponent Michael Saylor indicated the company he had established, Strategy (MSTR), could set to announce an additional BTC purchase this week after a few moments after revealing that it expects a net loss in the first quarter of the year over the unarmed losses of BTC’s massive hold.
The company has added 80,785 BTC to its balance sheet since the beginning of the year after raising a total of $ 7.69 billion in the first quarter, with more than half of the usual stock sales. Mostly, if not all, those funds were used to buy Bitcoin.
On Sunday, Saylor posted a BTC Holdings Tracker on X, a step that was usually preceded by a purchase announcement, commented that “there were no tariffs on orange dots.” The comment indicates the company’s BTC purchases have not been affected by the reward tariffs introduced by Donald Trump earlier this month and the subsequent US-China trade war.
The company Buying it has been paused On the week ending April 6. Its crypto stash currently costs about $ 44.59 billion, and got for $ 35.63 billion.
The approach is currently holding 528,185 BTC purchased at an average price of $ 67,458 according to Bitcointreasuries The data equal to 2.515% of the total cryptocurrency supply.
