The post Michael Saylor’s Strategy buys $285M Bitcoin amid market uncertainty appeared on BitcoinEthereumNews.com.

Michael Saylor’s digital asset firm, Strategy, purchased 3,459 Bitcoin for $285.5 million, signaling continued confidence in Bitcoin even as global markets face trade-related headwinds. Strategy acquired the 3,459 Bitcoin (BTC) for $285.5 million at an average price of $82,618 per BTC. The purchase brings Strategy’s total Bitcoin holdings to 531,644 BTC, acquired for a cumulative $35.92 billion at an average price of $67,556 per coin, achieving an over 11.4% yield since the beginning of 2025, Saylor wrote in an April 14 X post. Source: Michael Saylor The $285 million purchase marks Strategy’s first Bitcoin investment since March 31, when the company acquired $1.9 billion worth of Bitcoin, Cointelegraph reported. According to data from Saylortracker, the firm is currently sitting on more than $9.1 billion in unrealized profit, representing a 25% gain on its total Bitcoin position as of 12:20 pm UTC. Strategy total Bitcoin holdings. Source: Saylortracker  Strategy’s continued accumulation comes despite a broader market pullback and declining appetite for risk assets. The downturn has been largely attributed to global trade policy uncertainty after US President Donald Trump announced a new round of tariffs. Trump announced a 90-day pause on higher reciprocal tariffs on April 9, reverting the tariffs to the 10% baseline for most countries, except for China, which currently faces a 145% import tariff. Related: New York bill proposes legalizing Bitcoin, crypto for state payments Crypto markets open with “cautious strength” ahead of key economic releases Despite continued uncertainty around the outcome of trade negotiations, Bitcoin staged an over 10% recovery in the past seven days to above $85,000 as of 1:10 pm UTC, Cointelegraph Markets Pro data shows. BTC/USD, 1-year chart. Source: Cointelegraph “Crypto markets opened the week with cautious strength, continuing a broad recovery from last Monday’s tariff-induced sell-off,” Stella Zlatareva, dispatch editor at digital asset…

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Filed under: News - @ April 15, 2025 2:21 am