#SaylorBTCPurchase binance MicroStrategy (MSTR), the software firm led by Bitcoin advocate Michael Saylor, may be preparing to increase its already massive BTC holdings, even as it expects to report a net loss for Q1 due to unrealized losses on its Bitcoin stash.
The company has aggressively expanded its Bitcoin position in 2024, adding 80,785 BTC so far this year. It raised $7.69 billion in Q1 alone—over half from common stock sales—with most, if not all, of the funds deployed into Bitcoin purchases.
Saylor, known for teasing BTC buys in advance, posted the company’s Bitcoin holdings tracker on X over the weekend, accompanied by the phrase: “no tariffs on orange dots.” The message hints at another possible BTC purchase, while subtly referencing the U.S.-China trade tensions and newly imposed tariffs by Donald Trump, suggesting that MicroStrategy's Bitcoin strategy remains unaffected by geopolitical developments.
With Saylor continuing to double down on Bitcoin, markets are watching closely for another big buy.