Michael Saylor’s digital asset company, Strategy, purchased 3,459 Bitcoins for $285.5 million.
The media claim that the mentioned action is a representative example of maintaining trust in Bitcoin at a time when global markets are facing trade-related headwinds amid a global tariff confrontation.
Strategy acquired 3,459 Bitcoins for $285.5 million at an average price of $82,618 per BTC. As a result of this purchase, the total volume of the company’s Bitcoin holdings increased to 531,644 BTC. The mentioned digital funds were acquired for a total of $35.92 billion at an average price of $67,556 per coin. This has allowed the firm to achieve a yield of more than 11.4% since the beginning of the current year. The relevant information is contained in a post that was published by Michael Saylor on Monday, April 14, on the social media platform X.
The $285.5 million purchase was Strategy’s first Bitcoin investment since March 31, when the company acquired $1.9 billion worth of BTC.
According to data from Saylortracker, the firm’s currently unrealized profit is more than $9.1 billion, which represents a 25% gain on its local Bitcoin position.
Strategy continues accumulation. These actions are observed against the background of a broader market pullback and a decrease in interest in risky assets. This downturn is associated with a high level of uncertainty regarding global trade policy after the President of the United States, Donald Trump, announced another round of tariff increases on imported goods.
It is worth mentioning that last week, Mr. Trump announced a 90-day pause in the growth of reciprocal tariffs. During the mentioned period, the baseline 10% levies will be in effect for most countries, except China. The 145% tariff from the United States is currently relevant for the Asian country.
The current week began with cautious growth in the cryptocurrency markets. In this case, there are signs of a broad recovery after the sell-off observed last Monday, April 7, against the background of tariffs.
Bitcoin is currently trading above $84,000. In this case, there is a robust rebound, despite the global economic situation, which cannot be called favorable or unambiguously favorable.
Currently, investors’ attention is focused on the economic relationships between Beijing and Washington. They also demonstrate a high level of interest in the future prospects of cooperation between the United States and China.
The recovery of the cryptocurrency markets, which is not rapid, but at the same time demonstrates a robust dynamic, is an example of a favorable process against the background of enormous global uncertainty, one of the main dimensions of which is economic.
Some analysts are currently predicting a significant increase in the price of Bitcoin. In their opinion, the growing money supply will contribute to the rise of the BTC price to more than $130,000 by the end of 2025. One of those who adheres to this predictive point of view is analyst Jamie Coutts.
As for the prospects of Bitcoin in the next decade, in this context, experts show an even higher level of optimism. For example, Joe Burnett, director of market research at Unchained, stated in a media commentary that BTC is still on track for its price to exceed the $1.8 million mark by 2035, which could lead to Bitcoin surpassing gold’s $21 trillion market capitalization as the superior savings technology. It is worth noting that this assessment provides for a kind of radical optimism, which may face various headwinds, the probability of which is far from minimal against the background of the currently high level of geopolitical tension.
As we have reported earlier, BlackRock Launches Bitcoin Product in Europe.
