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Michael Saylor’s Strategy Buys $1.9B in Bitcoin as it Doubles Down Ahead of April Tariff Risk – CryptoMode

Michael Saylor’s Bitcoin accumulation playbook hasn’t changed—even as markets brace for new economic shocks. His firm, Strategy (formerly MicroStrategy), bought the dip with 22,048 BTC for $1.92 billion, averaging $86,969 per coin.

That brings its total stash to 528,128 BTC, now worth over $44.2 billion. The company’s unrealized profit on the holdings is estimated at $8.5 billion, according to data from Saylortracker.

Saylor revealed the purchase on social media late March 31, marking the firm’s second major buy within weeks. It had crossed the 500,000 BTC mark on March 24 after issuing a new tranche of preferred stock to finance further accumulation.

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Several companies have copied Strategy’s Bitcoin accumulation playbook, to the point that publicly-traded firms currently hold 665,632 BTC, equivalent to roughly 3.17% of the cryptocurrency’s total supply.

Decentralized smart contracts, private companies, investment funds, and governments bring the grand total of tracked holdings to 3.11 million BTC, or 14.81% of its total supply, according to BitcoinTreasuries data.

Strategy Buys the Bitcoin Dip

The timing of the $1.9 billion buy raised eyebrows. The move came just ahead of a scheduled April 2 announcement from Donald Trump, who was expected to lay out retaliatory tariffs targeting key U.S. trade partners.

Such policy moves often spark inflation concerns and can chill appetite for risk assets like BTC. The leading cryptocurrency is down roughly 11% so far this year amid a sell-off that saw the stock market’s benchmark index, the S&P 500, lose 4% of its value over the same period.

At the time of writing, Bitcoin is trading at $83,500 after moving up around 0.7% in the last 24-hour period, but the cryptocurrency is down from an all-time high above the $100,000 mark seen earlier in the year.

Bitcoin price. Source: CoinGecko.

Strategy’s recent acquisition comes after the price of the cryptocurrency plunged more than 7% in a single week. While BTC plunged, the price of gold rose as investors moved away from risk assets.

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