In a bold move amidst ongoing macroeconomic challenges, Michael Saylor, co-founder of Strategy, has revealed plans to continue buying Bitcoin (BTC) after a temporary two-week hiatus. This decision comes at a time when the cryptocurrency market faces significant pressure due to trade tensions between the United States and China, alongside a major sell-off in traditional stock markets.
Strategy recently acquired 22,048 Bitcoin on March 31, boosting their total holdings to an impressive 528,185 BTC. According to SaylorTracker, this investment is yielding unrealized gains of over $8.6 billion, reflecting a notable increase of approximately 24%. This accumulation places Strategy in the spotlight, serving as a critical barometer for institutional interest in Bitcoin as the asset’s price dips down below the $80,000 mark.
Despite a significant downturn in other sectors—where altcoins have lost over 33% of their value since December 2024—Bitcoin has exhibited relative resilience. Currently trading around the $84,000 level, BTC is down only about 22% from its all-time high of over $109,000 recorded in January 2025. This stability amidst a staggering $5 trillion sell-off in the stock market underscores Bitcoin’s potential as a store of value rather than a risk-on asset.
Industry experts, including Adam Back, CEO of Blockstream, have expressed optimism regarding Bitcoin’s future, especially in light of inflation forecasts soaring between 10-15% in the coming decade. Back emphasized that these macroeconomic pressures could render Bitcoin an increasingly attractive option compared to traditional investments, potentially allowing it to rival gold as a hedge against inflation.
With the backdrop of uncertain market conditions, the growing narrative surrounding Bitcoin as a secure asset continues to gain momentum. As Strategy remains dedicated to acquiring more BTC, investors and market watchers will be closely observing the effects of these purchases and how they influence Bitcoin’s position in both the cryptocurrency and broader financial markets.
