Saylor hints at impending BTC purchase after latest capital raise
Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase after the corporate raised further capital this week by means of its latest most popular inventory providing.
The government posted the Sunday Bitcoin chart on X that indicators one other BTC acquisition the following day — when conventional monetary markets open — with the playful message “needs more orange.”
According to SaylorTracker, the corporate’s most up-to-date BTC acquisition occurred on March 17, when Strategy bought 130 BTC, valued at $10.7 million, bringing its whole holdings to 499,226 BTC.
Strategy’s whole Bitcoin purchases. Source: SaylorTracker
Strategy’s March 17 BTC acquisition represents considered one of its smallest purchases on document and got here after a two-week break in shopping for.
On March 21, the corporate introduced the pricing of its latest tranche of most popular inventory. The most popular inventory was bought at $85 per share and featured a ten% coupon. According to Strategy, the providing ought to deliver the corporate roughly $711 million in income.
Michael Saylor continues evangelizing for the Bitcoin community, inspiring dozens of publicly traded corporations to undertake BTC as a treasury asset and petitioning the US authorities to purchase extra of the scarce digital commodity.
Strategy’s BTC acquisitions in 2025. Source: SaylorTracker
Related: Michael Saylor’s Strategy to raise as much as $21B to purchase extra Bitcoin
Saylor pushes for the US authorities to purchase 25% of BTC’s whole provide
Saylor wrote that the US authorities ought to purchase 25% of Bitcoin’s whole provide by 2035 — when 99% of the full BTC provide has been mined.
The government additionally petitioned for the US authorities to undertake a complete framework for all digital belongings in a proposal titled, A Digital Assets Strategy to Dominate the twenty first Century Global Economy.
Saylor giving his 21 Truths of Bitcoin speech at the Blockworks Digital Asset Summit. Source: Cointelegraph
Speaking at the latest Blockworks Digital Asset Summit, the Strategy co-founder introduced his 21 Truths of Bitcoin speech. The government informed the viewers:
“Gold still underperforms the S&P Index by a factor of two or more, so there is only one commodity in the history of the human race that was not a garbage investment — the one commodity is Bitcoin — a digital commodity.”
Despite the latest market downturn, Strategy continues to be up over 28% on its BTC funding and is sitting on over $9.3 billion in unrealized good points.
Magazine: ‘China’s MicroStrategy’ Meitu sells all its Bitcoin and Ethereum: Asia Express
