{"id":128577,"date":"2025-05-04T17:17:48","date_gmt":"2025-05-04T17:17:48","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128577"},"modified":"2025-05-04T17:17:48","modified_gmt":"2025-05-04T17:17:48","slug":"saylor-signals-impending-bitcoin-purchase-following-q1-earnings-call","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128577","title":{"rendered":"Saylor signals impending Bitcoin purchase following Q1 earnings call"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsStrategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase, marking the fourth consecutive week of purchases by the BTC treasury company.<br \/>\nThe company&#8217;s most recent acquisition occurred on April 28 when Strategy purchased 15,355 BTC, valued at over $1.4 billion at the time, bringing the company&#8217;s total holdings to 553,555 BTC.<br \/>\nAccording to data from SaylorTracker, Strategy is up approximately 39% on its investment, representing over $15 billion in unrealized gains.<br \/>\nStrategy\u2019s history of Bitcoin acquisition. Source: SaylorTrackerBitcoin investors continue closely monitoring the company, which has been a major driver of direct institutional exposure to BTC by popularizing the Bitcoin corporate treasury concept and indirectly through institutions holding Strategy&#8217;s stock in their investment portfolios.<br \/>\nRelated: Strategy ends April up 32% in best month since November as Q1 earnings loom<br \/>\nStrategy misses Q1 analyst estimates but continues stacking Bitcoin<br \/>\nStrategy fell short of analyst estimates for Q1 2025, reporting approximately $111 million in revenue, down by 3.6% from Q1 2024 and missing analyst expectations by 5%.<br \/>\nHowever, the company also reported that it acquired 61,497 BTC so far in 2025 and also revealed plans to raise $21 billion through an equity offering to finance the purchase of more BTC.<br \/>\nThe quarter-by-quarter growth of Strategy\u2019s Bitcoin treasury. Source: StrategyAsset manager Richard Byworth recently suggested that Strategy should acquire companies with ample cash reserves and convert those fiat cash reserves to Bitcoin for its treasury.<br \/>\nByworth added that Strategy could also purchase Bitcoin on the open market as exchange balances dwindle, rather than the over-the-counter (OTC) transactions between private parties that do not affect the market exchange price.<br \/>\nDoing so would push prices higher, driving up the value of Strategy&#8217;s Bitcoin reserves and acting as a catalyst attracting even more investors to BTC, the asset manager said.<br \/>\nStrategy&#8217;s effect on Bitcoin&#8217;s price and Bitcoin adoption continues to draw intense discussion over the role of the company as it relates to market dynamics.<br \/>\nAdam Livingston, a BTC analyst and author of &#8220;The Bitcoin Age and The Great Harvest,&#8221; recently argued that Strategy&#8217;s demand for BTC is synthetically halving Bitcoin by outpacing the daily miner output.<br \/>\nLivingston pointed out that Strategy&#8217;s average daily rate of Bitcoin accumulation of roughly 2,087 BTC far outstrips the collective daily mined supply of around 450 BTC.<br \/>\nMagazine: ZK-proofs are bringing smart contracts to Bitcoin \u2014 BitcoinOS and Starknet<a href=\"https:\/\/cointelegraph.com\/news\/michael-saylor-signals-bitcoin-purchase-following-earnings-call?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, marking the fourth consecutive week of purchases by the BTC treasury company. The company&#8217;s most recent acquisition&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\/128577"}],"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=128577"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128577\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128577"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}