Bitcoin (BTC) Proponent Michael Saylor has suggested the company he co-founded, strategy (Mstr), can be set to advertise a further BTC purchase this week shortly after revealing that it expects a net loss in the first quarter of the year over unrealized losses on its massive BTC holdings.
The company has added 80,785 BTC to its balance since the beginning of the year after gathering $ 7.69 billion over the first quarter, with over half of what comes from joint stock sales. Most, if not all of these funds were used to buy Bitcoin.
On Sunday, Saylor published a BTC Holdings tracker to X, a step that typically precedes a purchase message that commented that there are “no tariffs on orange dots.” The comment entails that the company’s BTC purchase was not affected by the mutual tariffs Donald Trump introduced earlier this month and the resulting trade war in the US China.
The company paused its purchase during the week, which ended on April 6. Its Crypto Stash is currently worth approx. $ 44.59 billion and was acquired for $ 35.63 billion.
Strategy currently has 528,185 BTC purchased at an average price of $ 67,458 according to Bitcointreasuries -Data corresponding to 2.515% of Cryptocurrency’s total supply.
