Under the leadership of Michael Saylor, Strategy has once again strongly demonstrated its confidence in the Bitcoin market. The company made a massive investment by purchasing 22,048 Bitcoins for approximately $1.92 billion. This move came despite rising market anxiety over the new tariffs expected to be announced by U.S. President Donald Trump on April 2.
It was stated that the purchase was made at an average price of $67,458 per BTC. With this acquisition, Strategy’s total Bitcoin holdings have exceeded 528,000 BTC, bringing the total value of its BTC portfolio to approximately $35.6 billion. This makes Strategy the largest institutional holder of Bitcoin in the world.
Market Dynamics and Strategic Approach
The timing of this investment is particularly noteworthy. Executing such a large-scale purchase during a period of price pressure and market uncertainty points to the company’s long-term strategy and confidence in the market. Especially at a time when Trump’s upcoming tax policy announcements are creating tension among investors, this acquisition has helped restore confidence in the market.
On the other hand, Strategy’s move is not only being discussed in financial terms but also in terms of its legal implications. The company may face a tax liability of $7.7 billion on unrealized gains from its unsold BTC holdings. The 15% alternative corporate tax introduced under the 2022 Inflation Reduction Act could impact the company’s balance sheet. However, the crypto-friendly stance of the Trump administration could bring certain exemptions.
Andrei Grachev, managing partner at DWF Labs, stated that the current market volatility is merely a correction and that the long-term outlook remains unchanged—a sentiment that aligns with Strategy’s recent move.
Key Highlights:
- Strategy purchased 22,048 BTC for a total of $1.92 billion.
- Its total Bitcoin holdings surpassed 528,000 BTC, with a portfolio value of approximately $35.6 billion.
- The purchase took place ahead of Trump’s anticipated tax policy announcement.
- The company may face a $7.7 billion tax liability on unrealized gains.
- The move is widely seen as a signal of long-term confidence in the Bitcoin market.
