Strategy Bought 3459 Bitcoin (BTC) for $285.5 million, Showing Ongoing Confidence in the Coin

Strategy's average price on the 3459 Bitcoin (BTC) is $82609 per coin. Saylor noted in an X tweet that the latest purchase puts Strategy's Bitcoin stash at 531644 BTC

Digital asset firm MicroStrategy has purchased 3,459 Bitcoin for $285.5 million, showcasing ongoing confidence in the flagship cryptocurrency amid the trade-related travails of the world’s markets.

The company’s average price on the 3,459 Bitcoin (BTC) is $82,618 per coin. Saylor noted in an X post that the latest purchase puts Strategy’s Bitcoin stash at 531,644 BTC, which was bought for $35.92 billion at an average price of $67,556 per coin, for an over 11.4% return since the beginning of 2025.

“We purchased an additional 3,459 bitcoins for approximately $285.5 million in a private transaction at an average price of approximately $82,618 per bitcoin for the three months ended March 31, 2025,” the company said in a statement.

The $285 million purchase is Strategy’s first Bitcoin investment after March 31, when the company purchased $1.9 billion in Bitcoin.

Figures from on-chain trackers show that the company has over $9.1 billion in unrealized profit, a 25% gain on its current Bitcoin holding as of 12:20 p.m. UTC.

Strategy’s latest accumulation comes in the middle of a broader market pullback and declining interest in riskier assets. This decline has been attributed mostly to uncertainty in global trade policy following US President Donald Trump’s statement of a new round of tariffs.

Then, on April 9, Trump declared a 90-day halt to the heightened reciprocal tariffs, restoring the tariffs to the 10% baseline for most countries except China, now at 145%.

Uncertainty About Markets Remains

Despite ongoing uncertainty about the result of trade talks, Bitcoin recovered more than 10% in the last seven days to above $85,000 as of 1:10 p.m. UTC. Stella Zlatareva, an executive at digital asset investment platform Nexo, said that the crypto markets opened the week with cautious strength, continuing a broad recovery from last Monday's tariff-induced sell-off.

"The macroeconomic environment remains a key focus, especially with uncertainty lingering over trade talks between the US and China," Zlatareva stated.

However, BTC’s price is above $84,000, indicating a strong bounce back despite the global macro environment. Some analysts, like Jamie Coutts, estimated that the increasing supply of money could drive BTC’s price to over $132,000 by the end of 2025 amid tariff-related uncertainty.

Looking forward to the next decade, Unchained director of market research Joe Burnett remarked that BTC is still on pace to exceed $1.8 million by 2035, which would make the coin eclipse gold’s $21 trillion market capitalization as the better savings instrument.

Latest BTC Purchase Makes Metaplanet 10th Largest Public BTC Holder

Meanwhile, Metaplanet Inc. has added 319 BTC to its treasury. The Japanese company purchased each coin at a price of $83,147. With a total BTC holding of 4,525 BTC and an average acquisition price of $90,194 (this most recent purchase cost $408.1 million).

“[We are] aiming to use digital assets to improve shareholder value,” reads a statement from Metaplanet about its broader BTC treasury business plan, which began in December 2024. This action is part of that strategy.

The company analyzes its performance using BTC yield, which indicates BTC holding growth compared to outstanding shares. Its BTC yield for Q1 2025 was 95.6%, with a YTD (year-to-date) number of 6.5% as of April 14.

Dynamic capital market activity—including bond offerings and buying back stock rights—allowed Metaplanet to raise significant money without reducing the value of its stock.

LIQUIDATION IMBALANCE HIT 346% AS BITCOIN PRICE DROPS

Bitcoin crossed $86,000 on April 13 without any macroeconomic warning before falling below $84,000. Accompanying this unexpected drop was a notable liquidation imbalance: $52 million liquidated against $15 million in short positions, a difference of 346%.

This trend indicates a structural defect in the crypto derivatives market. The massive rise in liquidations is probably caused by too much leverage build-up on long positions; the fast price correction verifies the bullish trend’s weakness.

This unexpected imbalance, which happened in a climate of great confidence, serves as a reminder that crypto markets