Saylor Hints About Bitcoin Acquisition After MicroStrategy’s Q1 Unrealized Loss

Summary

• Saylor Signals Potential New Bitcoin Purchase: MicroStrategy’s Executive Chairman, Michael Saylor, has hinted at a possible upcoming Bitcoin acquisition, suggested by his social media activity, despite the company recently reporting substantial unrealized losses in Q1 2025.

• Significant Unrealized Losses in Q1 Despite Large Bitcoin Buy: MicroStrategy faced nearly $6 billion in unrealized losses in the first quarter of 2025, even after acquiring 80,715 BTC at an average price of $94,922 per coin, during a period when Bitcoin’s price experienced a notable downturn.

• MicroStrategy’s Substantial Bitcoin Holdings: To date, MicroStrategy has invested approximately $35 billion in Bitcoin, accumulating 528,185 BTC, which represents nearly 3% of Bitcoin’s total supply and is currently valued at around $44 billion, still showing overall unrealized gains despite recent market volatility.

• Bitcoin Price Volatility and Current Market Value: Bitcoin’s price has been volatile recently, fluctuating between below $75,000 and above $80,000 this week. It is currently trading around $83,700, experiencing a slight decrease over the past 24 hours.

Michael Saylor, Executive Chairman of MicroStrategy, may be signaling another Bitcoin purchase, shortly after the company reported a substantial unrealized loss nearing $6 billion during the first quarter of 2025.

Potential Resumption of Bitcoin Purchases

Despite acquiring a considerable 80,715 Bitcoin in the first quarter, MicroStrategy’s holdings experienced a sharp downturn in market value.

Saylor’s recent activity on social media platform X, specifically reposting a Bitcoin tracker on Sunday, is often interpreted as a precursor to an impending announcement of further Bitcoin accumulation by the company.

Q1 Unrealized Losses Prompt Speculation

This signal emerged after MicroStrategy disclosed significant paper losses on its Bitcoin portfolio in its Q1 2025 financial report.

The company’s acquisition of 80,715 BTC during the quarter was executed at an average cost of approximately $94,922 per Bitcoin.

This period coincided with a nearly 12% drop in Bitcoin’s price, marking its most challenging quarterly performance since 2018.

Brief Pause in Acquisitions Due to Stock Offerings

Notably, MicroStrategy briefly paused its Bitcoin purchasing activities in the week concluding on April 6th.

This temporary halt was attributed to a slowdown in stock offering purchases related to its MSTR and STRK securities.

Overall Bitcoin Holdings and Unrealized Gains

To date, MicroStrategy’s total investment in Bitcoin amounts to roughly $35 billion, encompassing 528,185 BTC at an average purchase price of around $67,485 per coin.

Despite recent market fluctuations, these holdings still reflect an estimated $8.6 billion in unrealized profits overall.

Recent Acquisition and Total Bitcoin Reserves

MicroStrategy’s latest publicized Bitcoin acquisition occurred on March 31st, involving 22,048 Bitcoin valued at $1.9 billion.

This purchase expanded their total Bitcoin reserves to 528,185 BTC, representing almost 3% of the entire Bitcoin supply.

The current market valuation of MicroStrategy’s Bitcoin assets stands at approximately $44 billion.

Bitcoin Market Volatility and Current Trading Price

Bitcoin’s price action this week has been characterized by volatility.

After dipping below $75,000 on Monday, Bitcoin rebounded above $80,000 amidst escalating trade tensions between the United States and China.

According to data from TradingView, Bitcoin is currently trading at around $83,700, exhibiting a minor decrease over the last day.

Also Read: Saylor’s MicroStrategy to Buy More Bitcoin, Eyes 500,000 BTC Target

MicroStrategy’s co-founder, Michael Saylor, has hinted at an imminent Bitcoin purchase, possibly using funds from a recent $711M capital raise. The company’s Bitcoin holdings are nearing 500,000 BTC, and despite market fluctuations, the company remains significantly up on its investment, with over $9.3 billion in unrealized gains. Saylor’s recent social media post on X included a Bitcoin price chart, suggesting a forthcoming purchase slated for the following day. MicroStrategy’s last documented Bitcoin purchase occurred on March 17th, with an addition of 130 BTC valued at…[Read More]

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