TLDR
- Michael Saylor has signaled MicroStrategy plans to acquire more Bitcoin following a two-week pause in purchases
- MicroStrategy currently holds 528,185 BTC valued at approximately $44.7 billion with unrealized gains of $8.6 billion
- Bitcoin has shown relative stability during recent market turmoil, down only 22% from its peak while altcoins have shed 33% of their value
- Current macroeconomic uncertainty from US-China trade tensions has negatively impacted risk-on assets across markets
- Crypto analysts have mixed opinions about Bitcoin’s price trajectory, with some predicting a possible drop to $65K
Michael Saylor, co-founder of MicroStrategy, has indicated the company plans to resume its Bitcoin purchasing strategy following a nearly two-week pause. The software company, which last acquired 22,048 Bitcoin on March 31, has become a closely watched barometer for institutional interest in the cryptocurrency.
In a recent social media post, Saylor shared MicroStrategy’s portfolio tracker along with the caption “No tariffs on Orange Dots,” taking a jab at brewing trade tensions between the US and China. This type of weekend post has historically preceded Bitcoin purchases by the company early in the following week.
MicroStrategy’s Bitcoin holdings currently stand at 528,185 BTC, valued at approximately $44.7 billion. According to tracking data, the company’s investment is up by around 24%, representing over $8.6 billion in unrealized gains.
Bitcoin Shows Resilience During Market Turmoil
The potential purchase comes during a period of market uncertainty. Recent macroeconomic pressures from ongoing trade tensions between the United States and China have negatively impacted risk-on assets across financial markets.
Stock markets have wiped away trillions in shareholder value in response to new tariff orders. The crypto sector has not been immune to this pressure, with many digital assets experiencing a deep sell-off in recent weeks.
Data tracking the market capitalization of the entire crypto sector excluding Bitcoin and Ethereum shows that altcoins have collectively lost over 33% of their value since the market peak in December 2024. By comparison, Bitcoin has demonstrated greater stability, down only about 22% from its peak of over $109,000 reached in January 2025.
Bitcoin is currently trading around the $84,000 level, maintaining relative stability despite broader market volatility. This performance has reinforced Bitcoin’s narrative as a potential store-of-value asset rather than simply a risk-on investment.
Analyst Perspectives Remain Mixed
The cryptocurrency’s price has rebounded after a previous market downturn, sparking fresh optimism. However, analysts hold varying views on Bitcoin’s near-term trajectory.
Some crypto analysts caution that Bitcoin may not be out of the woods yet. Crypto analyst Joao Wedson predicts that a drop to $65,000 remains possible, noting that “several metrics point to that region as strong support – such as the True Market Mean Price and Alpha Price, both sitting exactly around $64,700.”
Another analyst known as Doctor Profit has warned that if Bitcoin’s price falls to these lower levels, MicroStrategy might be forced to sell MSTR shares to avoid liquidation. This concern emerges despite the company’s substantial unrealized gains on its current holdings.
Adam Back, CEO of digital asset infrastructure company Blockstream, offered a more bullish long-term outlook during Paris Blockchain Week 2025. Back suggested that macroeconomic pressures from a prolonged trade war could make Bitcoin an increasingly attractive store of value.
Back forecasted inflation to surge to 10-15% in the next decade, making real investment returns on traditional asset classes such as stocks and real estate challenging for market participants. He told Cointelegraph that “there is a real prospect of Bitcoin competing with gold and then starting to take some of the gold use cases.”
MicroStrategy’s previous halt in Bitcoin purchases at the start of April had led to a slump in MSTR stock price. At that time, speculation emerged that the company might be forced to offload some Bitcoin holdings to cover obligations following the dip in cryptocurrency prices.
The resumption of purchases would likely calm these concerns and potentially provide price support for Bitcoin. MicroStrategy’s last Bitcoin purchase of 22,048 BTC had a visible impact on market sentiment and prices.
The company continues to execute its Bitcoin strategy despite market volatility, maintaining its position as the largest corporate holder of the cryptocurrency. Investors and market observers are watching closely to see if Saylor’s hints translate into actual purchases in the coming days.
Bitcoin’s price moved above $83,000 following Saylor’s recent social media post, showing the market’s sensitivity to signals from the influential company. Whether this potential purchase can trigger a sustained rally remains to be seen, especially in light of broader macroeconomic headwinds.
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