MicroStrategy Executive Chairman Michael Saylor has hinted at a possible upcoming Bitcoin acquisition even after the company reported nearly $6 billion in unrealized losses for the first quarter.
Despite a purchase of 80,715 BTC in the first quarter, MicroStrategy faced a significant downturn in the market value of these holdings.
Saylor’s Social Media Activity Suggests Purchase Resumption
The company may be restarting its Bitcoin acquisition strategy after a brief pause.
Typically, people interpret Michael Saylor’s recent posting of a Bitcoin tracker on X on Sunday as a signal for an upcoming Bitcoin purchase announcement.
Q1 Financial Report Shows Substantial Unrealized Loss
Saylor’s social media activity follows MicroStrategy’s report of approximately $6 billion in unrealized losses on its Bitcoin assets during Q1 2025.
The company acquired 80,715 BTC in Q1 at an average price of roughly $94,922 per Bitcoin.
The acquisition coincided with a nearly 12% decline in Bitcoin prices during the quarter, the worst quarterly performance since 2018.
Temporary Halt in Bitcoin Buys Due to Stock Offerings
MicroStrategy temporarily stopped Bitcoin purchases during the week ending April 6th.
This pause was due to a reduction in stock offering purchases for its MSTR and STRK securities.
Significant Bitcoin Investment Despite Market Fluctuations
MicroStrategy’s total Bitcoin investment is about $35 billion, for an average purchase price of $67,485 per coin across 528,185 BTC.
This investment currently shows roughly $8.6 billion in unrealized gains.
Recent Bitcoin Purchase Increased Holdings to Nearly 3% of Supply
The company’s most recent Bitcoin purchase, announced on March 31st, added 22,048 Bitcoin, valued at $1.9 billion.
This increased their total Bitcoin holdings to 528,185 BTC, representing almost 3% of Bitcoin’s total supply. These holdings have a current value of around $44 billion.
Bitcoin Market Experiences Recent Price Volatility
Bitcoin’s price experienced volatility this week, decreasing to below $75,000 on Monday before rising above $80,000 amidst increasing trade tensions between the U.S. and China.
Current Bitcoin Trading Price
As of today, Bitcoin is trading at approximately $83,700, reflecting a slight decrease over the last 24 hours, according to TradingView data.
Also Read: MicroStrategy Launches $563.4 Million Stock Offering to Grow Bitcoin Holdings
