Strategy co-founder Michael Saylor has signaled that the company plans to acquire more Bitcoin (BTC) following a nearly two-week pause in purchases.
The company’s most recent acquisition of 22,048 Bitcoin on March 31 brought its total holdings to 528,185 BTC.
According to SaylorTracker, Strategy’s BTC investment is up by approximately 24%, representing over $8.6 billion in unrealized gains.
Strategy continues to accumulate BTC amid the recent market downturn that took Bitcoin’s price below the $80,000 level, and the company continues to be closely monitored by BTC investors as a barometer for institutional interest in BTC.
Strategy’s Bitcoin purchase history. Source: SaylorTracker
Related: Has Michael Saylor’s Strategy built a house of cards?
Bitcoin’s store-of-value narrative grows despite the recent price decline
The current macroeconomic uncertainty from the ongoing trade tensions between the United States and China has