Michael Saylor’s Strategy Purchases $285M Bitcoin as Markets Remain Volatile
Michael Saylor’s digital asset firm, Strategy, shows strong faith in Bitcoin during market volatility by investing 3,459 additional BTC into its substantial holdings.
According to Saylor’s X (Twitter) post this morning, Strategy completed its latest Bitcoin purchase of 3,459 coins at $285.5 million with an average cost of $82,618 per coin. Strategy expanded its Bitcoin collection to 531,644 BTC through its most recent purchase valued at 45.2 billion dollars based on current market prices.
The firm has invested $35.92 billion averaged at $67,556 per Bitcoin in total. At Monday noon, the company earned over 9.1 billion dollars through unrealized profits, which added up to 25% gains since its start as shown by Saylortracker data.
Strategy Continues Accumulating Bitcoin Holdings
Strategy purchased $285 million in Bitcoin for the first time since March 31. It invested $1.9 billion during that purchase. Despite major worldwide market volatility Strategy continues to invest heavily into Bitcoin without hesitation.
The company makes its purchase in a period of worldwide economic instability. On April 9, Donald Trump postponed his new tariff policy by ninety days and restored normal tariff rates while continuing the high tariff for Chinese products.
The sudden trade suspension creates market instability mainly in industries connected to trade movements. Despite hard economic conditions, Bitcoin succeeds. According to Nexo dispatch editor Stella Zlatareva, crypto markets showed robust improvement this week.
Bitcoin hit $85,000 at 1:10 p.m. UTC on April 13 and added more than a 10% rise since the previous week. Bitcoin maintains its growth past $84,000 despite worldwide market factors.
Market watchers will observe and interpret data releases from China along with Federal Reserve officials’ insights while waiting for U.S. retail sales results to determine investment opportunities.
Bitcoin supporters looking at the long-term market view ignore temporary economic conditions. As a crypto analyst named Jamie Coutts projects, Bitcoin will reach $132,000 by 2025 due to rising money supplies.
In his forecast, Joe Burnett from Unchained believes Bitcoin will rise above $1.8 million by 2035, making it a globally more popular savings option than gold. Strategy has shown its strong dedication to Bitcoin in the market through this latest step despite market swings.