{"id":125644,"date":"2025-03-23T16:16:17","date_gmt":"2025-03-23T16:16:17","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125644"},"modified":"2025-03-23T16:16:17","modified_gmt":"2025-03-23T16:16:17","slug":"saylor-hints-at-impending-btc-purchase-after-latest-capital-raise","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125644","title":{"rendered":"Saylor hints at impending BTC purchase after latest capital raise"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsStrategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase after the company raised additional capital this week through its latest preferred stock offering.<br \/>\nThe executive posted the Sunday Bitcoin chart on X that signals another BTC acquisition the next day \u2014 when traditional financial markets open \u2014 with the playful message &#8220;needs more orange.&#8221;<br \/>\nAccording to SaylorTracker, the company&#8217;s most recent BTC acquisition occurred on March 17, when Strategy purchased 130 BTC, valued at $10.7 million, bringing its total holdings to 499,226 BTC.<br \/>\nStrategy\u2019s total Bitcoin purchases. Source: SaylorTrackerStrategy&#8217;s March 17 BTC acquisition represents one of its smallest purchases on record and came after a two-week break in buying.<br \/>\nOn March 21, the company announced the pricing of its latest tranche of preferred stock. The preferred stock was sold at $85 per share and featured a 10% coupon. According to Strategy, the offering should bring the company approximately $711 million in revenue.<br \/>\nMichael Saylor continues evangelizing for the Bitcoin network, inspiring dozens of publicly traded companies to adopt BTC as a treasury asset and petitioning the US government to buy more of the scarce digital commodity.<br \/>\nStrategy\u2019s BTC acquisitions in 2025. Source: SaylorTrackerRelated: Michael Saylor\u2019s Strategy to raise up to $21B to purchase more Bitcoin<br \/>\nSaylor pushes for the US government to purchase 25% of BTC&#8217;s total supply<br \/>\nSaylor wrote that the US government should acquire 25% of Bitcoin&#8217;s total supply by 2035 \u2014 when 99% of the total BTC supply has been mined.<br \/>\nThe executive also petitioned for the US government to adopt a comprehensive framework for all digital assets in a proposal titled, A Digital Assets Strategy to Dominate the 21st Century Global Economy.<br \/>\nSaylor giving his 21 Truths of Bitcoin speech at the Blockworks Digital Asset Summit. Source: CointelegraphSpeaking at the recent Blockworks Digital Asset Summit, the Strategy co-founder presented his 21 Truths of Bitcoin speech. The executive told the audience:<br \/>\n&#8220;Gold still underperforms the S&amp;P Index by a factor of two or more, so there is only one commodity in the history of the human race that was not a garbage investment \u2014 the one commodity is Bitcoin \u2014 a digital commodity.&#8221;<br \/>\nDespite the recent market downturn, Strategy is still up over 28% on its BTC investment and is sitting on over $9.3 billion in unrealized gains.<br \/>\nMagazine: \u2018China\u2019s MicroStrategy\u2019 Meitu sells all its Bitcoin and Ethereum: Asia Express<a href=\"https:\/\/cointelegraph.com\/news\/saylor-hints-impending-btc-buy-after-capital-raise?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsStrategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase after the company raised additional capital this week through its latest preferred stock offering. The executive posted&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125644"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125644"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125644\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125644"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}