Michael Saylor, a staunch supporter of Bitcoin (BTC), has suggested that Strategy (MSTR), the company he co-founded, might announce another BTC purchase this week. This comes soon after the company disclosed an anticipated net loss for the first quarter due to unrealized losses related to its substantial BTC holdings.
Since the start of the year, the company has accumulated 80,785 BTC on its balance sheet following a total capital raise of $7.69 billion in the first quarter, over half of which was generated through common stock sales. The majority, if not all, of these proceeds were directed toward Bitcoin acquisitions.
On Sunday, Saylor shared a Bitcoin holdings tracker on social media, which often signals a forthcoming purchase announcement. He made a remark noting that “there are no tariffs on orange dots.” This suggests that the company’s BTC buys have been unaffected by the reciprocal tariffs introduced by Donald Trump earlier this month amid the escalating U.S.-China trade tensions.
Buying activities were halted during the week ending April 6. Currently, the company’s cryptocurrency reserves are valued at approximately $44.59 billion, against a purchase cost of $35.63 billion.
Strategy maintains a total of 528,185 BTC, acquired at an average price of $67,458, as reported by data on Bitcoin treasuries, representing about 2.515% of the total available supply of the cryptocurrency.