{"id":126152,"date":"2025-03-31T13:16:00","date_gmt":"2025-03-31T13:16:00","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126152"},"modified":"2025-03-31T13:16:00","modified_gmt":"2025-03-31T13:16:00","slug":"michael-saylors-strategy-buys-bitcoin-dip-with-1-9b-purchase","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126152","title":{"rendered":"Michael Saylor\u2019s Strategy buys Bitcoin dip with $1.9B purchase"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsMichael Saylor\u2019s Strategy bought nearly $2 billion of Bitcoin, taking advantage of a recent price dip despite growing market concerns tied to US President Donald Trump\u2019s upcoming tariff announcement.<br \/>\nStrategy, formerly MicroStrategy, acquired 22,048 Bitcoin (BTC) for $1.92 billion at an average price of $86,969 per Bitcoin.<br \/>\nThe company now holds over 528,000 Bitcoin acquired for $35.63 billion at an average price of $67,458 per BTC, announced Saylor, the co-founder of Strategy, in a March 31 X post.<br \/>\nSource: Michael SaylorStrategy is the world\u2019s largest corporate Bitcoin holder and surpassed the 500,000 Bitcoin holdings milestone on March 24, days after Saylor hinted at an upcoming Bitcoin buy as the company announced the pricing of its latest tranche of preferred stock on March 21.<br \/>\nThe firm is currently up over 21% on its Bitcoin holdings with an unrealized profit of over $7.7 billion, according to Saylortracker data.<br \/>\nStrategy total Bitcoin holdings, all-time chart. Source: SaylortrackerStrategy\u2019s near $2 billion dip buy comes despite investor concerns related to Trump\u2019s upcoming tariff announcement on April 2, which may set the tone for Bitcoin\u2019s price trajectory throughout the month.<br \/>\nRelated: Bitcoin \u2018more likely\u2019 to hit $110K before $76.5K \u2014 Arthur Hayes<br \/>\nThe April 2 announcement is expected to detail reciprocal trade tariffs targeting top US trading partners, a development that may increase inflation-related concerns and limit demand for risk assets like Bitcoin.<br \/>\n\u201cThis sell-off isn\u2019t the end of the bull run \u2014 it\u2019s a healthy reset,\u201d Andrei Grachev, managing partner of DWF Labs, told Cointelegraph. \u201cMarkets overreact to tariffs and macro headlines, but long-term fundamentals haven\u2019t changed.\u201d<br \/>\nRelated: Crypto debanking is not over until Jan 2026: Caitlin Long<br \/>\nMicroStrategy may owe taxes on unrealized Bitcoin gains<br \/>\nDespite never selling any Bitcoin, Strategy may have to pay taxes on its unrealized gains of over $7.7 billion, which had previously soared to $19 billion at the end of January, Cointelegraph reported.<br \/>\nThe firm may have to pay federal income taxes on its unrealized gains, according to the Inflation Reduction Act of 2022.<br \/>\nThe act established a \u201ccorporate alternative minimum tax\u201d under which Strategy would qualify for a 15% tax rate based on the adjusted version of the company\u2019s earnings, according to a Jan. 24 report in The Wall Street Journal.<br \/>\nStill, the US Internal Revenue Service (IRS) may create an exemption for BTC under Trump\u2019s more crypto-friendly administration.<br \/>\nMagazine: Bitcoin ATH sooner than expected? XRP may drop 40%, and more: Hodler\u2019s Digest, March 23 \u2013 29<a href=\"https:\/\/cointelegraph.com\/news\/strategy-buys-2-billion-bitcoin-ahead-trump-tariffs?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 NewsMichael Saylor\u2019s Strategy bought nearly $2 billion of Bitcoin, taking advantage of a recent price dip despite growing market concerns tied to US President Donald Trump\u2019s upcoming tariff&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\/126152"}],"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=126152"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126152\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126152"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}