MicroStrategy Eyes More Bitcoin Despite Q1 Losses
#SaylorBTCPurchases MicroStrategy (MSTR), the software company helmed by prominent Bitcoin supporter Michael Saylor, appears poised to further expand its already substantial BTC holdings—even as it braces for a first-quarter net loss, largely due to unrealized losses on its Bitcoin assets.
In 2024 alone, the company has aggressively added 80,785 BTC to its portfolio. During Q1, it raised $7.69 billion—more than half through common stock offerings—and funneled most, if not all, of those funds into Bitcoin acquisitions.
Over the weekend, Saylor, known for hinting at future Bitcoin buys, shared MicroStrategy's BTC holdings tracker on X, along with the cryptic phrase: “no tariffs on orange dots.” The comment hints at a fresh purchase while subtly referencing U.S.-China trade tensions and Donald Trump’s new tariffs, signaling that MicroStrategy's Bitcoin strategy remains undeterred by global politics.
With Saylor doubling down, markets are keeping a close eye for another potential major buy.
