Bitcoin Price Nears $90K as Saylor Makes Major Investment Despite Q1 Losses

Bitcoin continues its upward trend, approaching the $90,000 mark despite recent losses and a significant investment from MicroStrategy. The company’s purchase of 3,459 BTC for $285 million brings their total holdings above 531,664 BTC, challenging past Q1 losses of $6 billion. Strategically timed purchases signal confidence in Bitcoin’s long-term value. This comes after the US inflation data impacted market volatility. The acquisition follows a recent filing by MicroStrategy that revealed significant unrealized Bitcoin losses during Q1 2025.