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Cryptocurrency News Articles

Michael Saylor Hints at an Impending Bitcoin (BTC) Purchase After Raising Additional Capital

Mar 23, 2025 at 11:59 pm

The executive posted the Sunday Bitcoin chart on X that signals another BTC acquisition the next day — when traditional financial markets open — with the playful message "needs more orange."

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The executive hinted at an impending Bitcoin (BTC) purchase after the company raised additional capital this week through its latest preferred stock offering.

On Sunday, Saylor posted the Sunday Bitcoin chart on X that signals another BTC acquisition the next day — when traditional financial markets open — with the playful message "needs more orange."

According to SaylorTracker, the company's most recent BTC acquisition occurred on March 17, when Strategy purchased 130 BTC, valued at $10.7 million, bringing its total holdings to 499,226 BTC.

Strategy’s total Bitcoin purchases. Source: SaylorTracker

The latest round of BTC purchases began in December 2024, following a period of inactivity in the third quarter.

Since the start of 2024, Strategy has been engaging in frequent and open-market purchases of BTC, accumulating a significant portion of the digital asset’s circulating supply.

Strategy’s total BTC acquisitions in 2025. Source: SaylorTracker

Saylor pushes for the US government to purchase 25% of BTC's total supply

The Strategy co-founder also penned an op-ed for the Hill urging the US government to purchase 25% of Bitcoin's total supply by 2035 — when 99% of the total BTC supply has been mined.

In his proposal, titled A Digital Assets Strategy to Dominate the 21st Century Global Economy, Saylor also petitioned for the US government to adopt a comprehensive framework for all digital assets.

Saylor giving his 21 Truths of Bitcoin speech at the Blockworks Digital Asset Summit. Source: Cointelegraph

At the recent Blockworks Digital Asset Summit, Saylor presented his 21 Truths of Bitcoin speech. The executive told the audience:

"There's no question that Bitcoin is the dominant digital asset, and it's already clear that digital assets will largely determine the economic and geopolitical landscape of the 21st century."

Despite the recent market downturn, Strategy is still up over 28% on its BTC investment and is sitting on over $9.3 billion in unrealized gains.

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Other articles published on Apr 27, 2025