All about Michael Saylor’s Strategy and its latest Bitcoin purchase – Good news?

• Technique acquired an additional 3.4k BTC for $285M raised by way of the sale of MSTR inventory
• Agency nonetheless has a $37 billion capital elevating capability but to be deployed for BTC buys

On 14 April, Michael Saylor, founding father of Technique (previously MicroStrategy), announced that the agency acquired an additional 3,459 Bitcoin [BTC] for $285.8 million. 

Technique, the pioneer in BTC company treasury, now holds 531,644 BTC. The replace wasn’t shocking although, particularly after Saylor’s current tease – ‘No tariff on orange dots.’

What’s subsequent for BTC?

The most recent acquisition was facilitated by the sale of MSTR inventory, in line with an 8-K filing with the SEC. 

Primarily based on the agency’s 21/21 acquisition plan ($21B by way of debt and $21B capital increase by way of inventory issuance), there’s a $37.6 billion capital elevating capacity but to be explored. 

In reality, analysts have pointed out that Technique’s bidding might have been answerable for final week’s BTC worth motion. 

“That explains final week’s relative power. Was all simply Saylor.”

BTC rallied by 7% final week and tapped $86k. At press time, nevertheless, BTC was valued at $85K and under the bull help of the 200DMA (each day easy transferring common). 

That being mentioned, 2025’s purchases have been much less large in comparison with late 2024. Over the identical interval, Bitcoin’s worth declined from $109k to as little as $74k, earlier than stabilizing above $70k. 

Supply: CryptoQuant

Consequently, Technique’s unrealized income shrunk from about $19 billion to $9 billion – A couple of $10 billion loss. BTC’s worth fluctuations spilled to MSTR. Technique’s inventory has been on a decline since final November. 

Nonetheless, over the previous two months, it marked an area backside on the 200DMA (blue), swinging between $230 and $330. A sustained rally above the trendline resistance might empower bulls to push larger.  

Supply: MSTR, TradingView