Michael Saylor’s firm, Strategy, has significantly increased its Bitcoin holdings by purchasing 22,048 BTC for nearly $2 billion, capitalizing on a market dip.
This acquisition brings the company’s total Bitcoin reserves to over 528,000 BTC, with an average purchase price of $67,458 per coin.
Saylor shared the latest figures on March 31, highlighting that the firm’s holdings are now valued at more than $35.63 billion, with an unrealized profit exceeding $7.7 billion. Strategy, which rebranded from MicroStrategy, remains the largest corporate Bitcoin holder, having surpassed the 500,000 BTC mark just days earlier.
The timing of this latest acquisition comes as market uncertainty grows ahead of an anticipated tariff announcement from U.S. President Donald Trump on April 2.
Analysts suggest these tariffs could impact inflation and influence demand for risk assets like Bitcoin. However, some experts believe that recent volatility is a temporary correction rather than a shift in the long-term bullish trend.
In addition to its Bitcoin strategy, Strategy may face tax implications due to its substantial unrealized gains. Under the Inflation Reduction Act of 2022, the company could be subject to a 15% corporate alternative minimum tax.
However, with Trump’s administration signaling a more favorable stance on cryptocurrency, some speculate that Bitcoin holdings could receive exemptions from such tax policies.
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