Michael Saylor’s digital assets firm Strategy has bought an additional 3,459 Bitcoins for $285.5 Million, signaling a continued belief in Bitcoin, even though global markets are facing trade-related challenges.
Strategy acquired 3 459 Bitcoins (BTC() at an average of $82,618 BTC. Saylor reported in X’s April 14, 2014 article that Strategy now holds 531,644 BTC. The total value of the holdings is $35.92 Billion at an average of $68,556 BTC. post.
Source: Michael Saylor
Strategy made its first Bitcoin purchase since March 31st, when they invested $285,000,000. company acquired $1.9 billion Cointelegraph reports that Bitcoin is worth $.
According According to Saylortracker data, the company is sitting on over $9.1 billion of unrealized profits, which represents a 25 percent gain in its Bitcoin total position at 12:20 PM UTC.
Source: Total Bitcoin Holdings. Source: Saylortracker
The continued accumulation of strategy comes despite an overall market decline and decreasing appetite for risky assets. This downturn is largely due to the uncertainty around global trade policies after US President Donald Trump’s announcement of a new set of tariffs.
Trump has announced a 90 day pause in higher education. reciprocal tariffs The tariffs for imports for all countries will return to the baseline of 10% on April 9 except for China which is currently subjected to a tariff of 145%.
Related: New York bill proposes legalizing Bitcoin, crypto for state payments
The story is developing and we’ll add more information as soon as it comes to hand.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: cointelegraph.com
