Michael Saylor, a well-known Bitcoin advocate, has suggested that his company, Strategy (MSTR), may announce another Bitcoin (BTC) acquisition in the coming days. This comes shortly after the company revealed it expects a net loss for Q1, primarily due to unrealized losses on its significant Bitcoin holdings.
Since the start of the year, Strategy has added 80,785 BTC to its balance sheet, fueled by $7.69 billion raised in Q1. Over half of that capital came from common stock sales, with most, if not all, of the funds allocated to buying more Bitcoin.
On Sunday, Saylor shared a Bitcoin holdings tracker on X, a move often preceding an official purchase announcement. He also remarked, “No tariffs on orange dots,” referencing the company’s ongoing Bitcoin purchases despite the reciprocal tariffs imposed by Donald Trump earlier this month, which have escalated the U.S.-China trade tensions.
While Strategy paused its Bitcoin acquisitions in the week ending April 6, its crypto holdings are now valued at approximately $44.59 billion, up from the $35.63 billion spent to acquire them.
Currently, Strategy holds a total of 528,185 BTC, purchased at an average price of $67,458 per coin, representing 2.515% of Bitcoin’s total supply, according to data from Bitcointreasuries.
