Saylor Signals Bitcoin Purchases Amidst Market Downturn

Michael Saylor, co-founder of investment company Strategy, has indicated the company’s intention to acquire more Bitcoin (BTC), following a two-week pause in purchases. Their recent acquisition of 22,048 BTC on March 31 raised their total holdings to 528,185 BTC. According to SaylorTracker, this investment represents an increase of approximately 24%, resulting in over $8.6 billion in unrealized gains. strategy continues to accumulate BTC despite the recent market downturn that saw Bitcoin’s price dip below the $80,000 level. This purchase activity serves as a key indicator of institutional interest in BTC.