TLDR
Michael Saylor has signaled that MicroStrategy plans to acquire more Bitcoin following a pause in purchases
MicroStrategy’s most recent acquisition brought its total holdings to 528,185 BTC valued at $44.7 billion
The company’s BTC investment is up by approximately 24%, representing over $8.6 billion in unrealized gains
Bitcoin has remained relatively stable amid broader market turmoil, trading around $84,000
Adam Back predicts Bitcoin will increasingly compete with gold as a store of value as inflation potentially surges to 10-15%
Michael Saylor, co-founder of MicroStrategy, has indicated the company plans to resume its Bitcoin acquisition strategy following a nearly two-week pause in purchases. This comes amid market volatility and macroeconomic uncertainty that has impacted various asset classes.
MicroStrategy currently holds 528,185 Bitcoin on its balance sheet, valued at approximately $44.7 billion. The company’s most recent acquisition of 22,048 Bitcoin on March 31 helped build this massive position. According to tracking data, MicroStrategy’s Bitcoin investment has gained around 24%, representing over $8.6 billion in unrealized profits.
In a recent social media post, Saylor shared MicroStrategy’s portfolio tracker with the caption “No tariffs on Orange Dots,” appearing to reference the ongoing trade tensions between the United States and China. This post style has previously preceded new Bitcoin purchases by the company.
No Tariffs on Orange Dots pic.twitter.com/Cg3bCVPMcM
— Michael Saylor (@saylor) April 13, 2025
The brief halt in Bitcoin acquisitions at the beginning of April had raised questions among investors and led to a dip in MSTR stock price. Some market observers speculated the company might need to sell some holdings to cover obligations following price declines.
Bitcoin’s Resilience During Market Volatility
While global markets have experienced turbulence, Bitcoin has shown relative stability compared to other cryptocurrencies and risk assets. Bitcoin is trading around the $84,000 level, down approximately 22% from its January 2025 peak of over $109,000.
By comparison, the broader altcoin market has suffered more severely. Data tracking the market capitalization of cryptocurrencies excluding Bitcoin and Ethereum shows these alternatives have collectively lost over 33% of their value since the market peak in December 2024.
The price stability of Bitcoin during a $5 trillion sell-off in stock markets has reinforced its potential as a store of value. This performance contrasts with previous market cycles where Bitcoin typically moved in close correlation with risk assets.
Recent market volatility has been triggered by trade tensions between the United States and China. Stock markets erased trillions in shareholder value following new tariff announcements, with cryptocurrencies experiencing a similar sell-off.
Future Outlook and Expert Predictions
Cypherpunk and Blockstream CEO Adam Back believes macroeconomic pressures from a prolonged trade war would make Bitcoin an increasingly attractive store of value. Speaking at Paris Blockchain Week 2025, Back forecasted inflation could surge to 10-15% over the next decade.
He suggested such conditions would make real investment returns on traditional assets like stocks and real estate challenging for investors. “There is a real prospect of Bitcoin competing with gold and then starting to take some of the gold use cases,” Back told Cointelegraph.
Market analysts remain divided on Bitcoin’s short-term price direction. Some predict a potential drop to support levels around $65,000, pointing to metrics like the True Market Mean Price and Alpha Price both sitting around $64,700.
Any such decline could present challenges for MicroStrategy. Analyst Doctor Profit has warned that a price drop to these levels might force the company to sell MSTR stock to avoid liquidation risks.
Despite these concerns, MicroStrategy’s buying signals have historically moved markets. The company’s last Bitcoin purchase of 22,048 BTC created positive price momentum, and investors are watching closely for similar effects from any new acquisition announcement.
MicroStrategy continues to be viewed as a barometer for institutional interest in Bitcoin. The company’s buying patterns often influence market sentiment and are closely monitored by crypto investors globally.
Saylor’s latest signals come at a time when Bitcoin’s narrative as a hedge against economic uncertainty is being tested. So far, its relative outperformance compared to both traditional markets and other cryptocurrencies during recent turmoil suggests this store-of-value thesis may be gaining strength.
