Michael Saylor’s firm, Strategy, didn’t buy any Bitcoin last week despite a dip in price below $87,000. In a U.S. SEC filing on April 7, the company confirmed it made no Bitcoin purchases between March 31 and April 6.
This move came during a volatile week for Bitcoin. The price jumped to $87,000 on April 2 before falling back to around $80,000. Strategy also didn’t sell any of its class A shares, often used to fund Bitcoin purchases, the filing noted.
By April 7, 2021, Strategy owns 528,185 BTC, which were acquired for $35.6 billion with the average price of one BTC at $67,458. However, the company had an unrealized loss of $5.91 billion for the Q1 2025 even though it has a huge holding. However, it anticipates to record a tax benefit of $1.69 billion which will go a long way in offsetting the loss.
While the company paused its buying spree, co-founder Michael Saylor remained vocal. On X, he wrote, “Bitcoin is most volatile because it is most useful,” reacting to the sharp price drop after former U.S. President Donald Trump announced new tariffs.
Saylor warned that inflation is just the beginning of larger financial risks. “Capital faces dilution from taxes, regulation, competition, obsolescence, and unforeseen events. Bitcoin offers resilience in a world full of hidden risks,” he posted.
Strategy’s silence in the market raises questions—but Saylor’s belief in Bitcoin remains loud and clear.
Also Read: Will Strategy’s Michael Saylor Burn his Bitcoin Keys?
