Bitcoin (BTC) supporter Michael Saylor suggests a strategy he co-founded (MSTR) and is set to announce additional BTC purchases this week after revealing that he expects a net loss this week in the first quarter of the year with unrealized losses in BTC holdings.
The company has added 80,785 BTC to its balance sheet since the beginning of the year, after raising a total of $7.69 billion in the first quarter, with more than half of which coming from common stock sales. Most, if not all of these funds were used to buy Bitcoin.
On Sunday, Saylor posted the BTC Holdings Tracker to X. This is a move that usually precedes the announcement of purchases, commenting that “there are no tariffs on orange dots.” The comments mean that the company’s purchase of BTC was not affected by the mutual tariffs introduced by Donald Trump earlier this month and the subsequent US-China trade war.
The company suspended purchases in the week that ends on April 6th. That Cryptography Stash is currently worth around $445.9 billion and was acquired for $35.633 billion.
The strategy currently holds 528,185 BTC purchased at an average price of $67,458, according to Bitcointreasuries data, which represents 2.515% of the total cryptocurrency supply.