Michael Saylor’s strategy bought almost $ 2 billion of Bitcoins, using a recent drop in prices, despite the growing market problems related to the upcoming tariff announcement of US President Donald Trump.
The strategy, earlier, Microstrategy, acquired 22,048 Bitcoins (BTC) for USD 1.92 billion at an average price of USD 86,969 for bitcoins.
The company currently has over 528,000 Bitcoins purchased for $ 35.63 billion at an average price of USD 67,458 for BTC, announced Saylor, co -founder of the strategy, on March 31 October 3 post.
Source: Michael Saylor
The strategy is the world’s largest Bitcoin corporate owner and exceeded 500,000 Bitcoin Holdings Milestone on March 24, a few days after Saylor suggested the upcoming purchase of Bitcoins, because the company announced the valuation of its latest tranche of the preferred action on March 21.
The company has now increased by over 21% in the Bitcoin range with an unrealized profit of over $ 7.7 billion, according to SayLortracker data.
Total Bitcoin Holdings strategy, a chart of all time. Source: SayLortracker
Buy strategies of almost $ 2 billion appears despite the fears of investors related to the upcoming Trump’s tariff announcement on April 2, which can give the tons of the trajectory of Bitcoin prices throughout the month.
Related: Bitcoin ‘more likely that they will reach $ 110,000 before $ 76.5,000 – Arthur Hayes
It is expected that the advertisement on April 2 describes mutual trade tariffs addressed to the best American trading partners, development that can augment inflation concerns and reduce the demand for risk assets such as Bitcoin.
“This sale is not the end of Bull Run-this is a healthy reset,” said Cointelegraph Andrei Gachev, managing partner of the DWF Labs. “Markets react excessively to macro tariffs and headers, but the long -term bases have not changed.”
Related: Cryptographic debting was not over January 2026: Caitlin Long
Microstrategy may be owed to taxes on unrealized bitcoins profits
Despite the fact that he never sold any bitcoins, the strategy may require paying taxes on unrealized profits in the amount of over $ 7.7 billion, which previously increased to $ 19 billion at the end of January, Cointelegraph informed.
Pursuant to the Act on inflation reduction, the company may be necessary to pay federal income taxes from its unrealized profits.
The Act established a “alternative minimum tax tax”, under which the strategy would qualify up to 15% of the tax rate based on the corrected version of the company’s earnings, According to To the report of January 24 at the Wall Street Journal.
Despite this, the American internal revenue service (IRS) can create a dismissal for BTC under a more cryptocurrency Trump administration.
https://www.youtube.com/watch?v=GNUNX0QWH3Q
Warehouse: Bitcoin ATS earlier than expected? XRP may fall 40%and more: Hodler’s Digest, March 23-29
