TLDR
- Michael Saylor has signaled MicroStrategy intends to buy more Bitcoin after a two-week pause
- MicroStrategy currently holds 528,185 BTC valued at approximately $44.7 billion, with unrealized gains of about $8.6 billion (24%)
- Bitcoin has shown resilience during recent market volatility, dropping only 22% from its peak while altcoins fell 33%
- The US-China trade tensions have negatively impacted risk assets, with stock markets losing trillions in value
- Some experts believe macroeconomic pressures may make Bitcoin more attractive as a store-of-value compared to gold
MicroStrategy co-founder Michael Saylor has hinted that the company plans to resume its Bitcoin acquisition strategy following a nearly two-week pause in purchases. The business intelligence firm, which has become one of the largest corporate holders of Bitcoin, appears ready to “buy the dip” amid ongoing macroeconomic uncertainty.
Saylor shared MicroStrategy’s portfolio tracker on social media with the caption “No tariffs on Orange Dots,” seemingly poking fun at the brewing trade tensions between the United States and China. This type of post has historically signaled upcoming Bitcoin purchases by the company.
No Tariffs on Orange Dots pic.twitter.com/Cg3bCVPMcM
— Michael Saylor (@saylor) April 13, 2025
MicroStrategy last added to its holdings on March 31, acquiring 22,048 Bitcoin. This brought the company’s total Bitcoin reserves to 528,185 BTC, currently valued at approximately $44.7 billion. According to tracking data, MicroStrategy’s Bitcoin investment is up by around 24%, representing over $8.6 billion in unrealized gains.
Bitcoin’s Store-of-Value Narrative Strengthens
The cryptocurrency market has experienced turbulence recently, with Bitcoin dropping below the $80,000 level.
However, Bitcoin has shown better resilience than other cryptocurrencies during this downturn. While Bitcoin is down roughly 22% from its peak of over $109,000 in January 2025, altcoins have collectively lost more than 33% of their value since December 2024.
Bitcoin currently trades around the $84,000 level, maintaining relative stability despite broader market volatility. This performance contrasts with traditional stock markets, which have wiped away trillions in shareholder value following recent economic developments.
The price stability of Bitcoin during a $5 trillion sell-off in the stock market has strengthened its case as a store-of-value asset rather than merely a risk-on investment. This narrative continues to gain traction among both retail and institutional investors.
Macroeconomic Pressures Driving Interest
The current economic uncertainty stems largely from escalating trade tensions between the United States and China. President Trump’s sweeping tariff orders have triggered significant market reactions, impacting risk assets across various sectors.
Adam Back, CEO of digital asset infrastructure company Blockstream, told Cointelegraph at Paris Blockchain Week 2025 that macroeconomic pressures from a prolonged trade war would make Bitcoin an increasingly attractive store of value. Back forecasted inflation to surge to 10-15% in the next decade, making real investment returns on traditional asset classes challenging for market participants.
“There is a real prospect of Bitcoin competing with gold and then starting to take some of the gold use cases,” Back stated in his interview.
MicroStrategy’s continued interest in Bitcoin acquisition serves as a barometer for institutional interest in the cryptocurrency. The company’s purchases often move markets, with previous accumulations correlating with price increases.
Some investors had grown concerned when MicroStrategy halted its Bitcoin purchases at the start of April, leading to speculation that the company might be forced to sell some holdings to cover obligations. The recent signals from Saylor have helped dispel these concerns.
Despite the current optimism, some analysts remain cautious about Bitcoin’s short-term price action. Crypto analyst Joao Wedson has suggested that Bitcoin could potentially drop to around $65,000, which he identifies as a strong support level based on various metrics. Another analyst, Doctor Profit, has warned that such a price drop might force MicroStrategy to sell shares to avoid liquidation risks.
The cryptocurrency market continues to watch MicroStrategy’s moves closely, as its substantial purchasing power can influence market sentiment and price action. For now, Saylor’s company appears committed to its long-term Bitcoin strategy despite short-term market fluctuations.
