Saylor hints at impending BTC purchase after latest capital raise

Strategy co-founder Michael Saylor hinted astatine an impending Bitcoin (BTC) acquisition aft the institution raised further superior this week done its latest preferred banal offering.

The enforcement posted the Sunday Bitcoin illustration connected X that signals different BTC acquisition the adjacent time — erstwhile accepted fiscal markets unfastened — with the playful connection "needs much orange."

According to SaylorTracker, the company's astir caller BTC acquisition occurred connected March 17, erstwhile Strategy purchased 130 BTC, valued astatine $10.7 million, bringing its full holdings to 499,226 BTC.

Strategy’s full Bitcoin purchases. Source: SaylorTracker

Strategy's March 17 BTC acquisition represents 1 of its smallest purchases connected record and came aft a two-week interruption successful buying.

On March 21, the institution announced the pricing of its latest tranche of preferred stock. The preferred banal was sold astatine $85 per stock and featured a 10% coupon. According to Strategy, the offering should bring the institution astir $711 cardinal successful revenue.

Michael Saylor continues evangelizing for the Bitcoin network, inspiring dozens of publically traded companies to adopt BTC arsenic a treasury asset and petitioning the US authorities to bargain much of the scarce integer commodity.

Strategy’s BTC acquisitions successful 2025. Source: SaylorTracker

Related: Michael Saylor’s Strategy to rise up to $21B to acquisition much Bitcoin

Saylor pushes for the US authorities to acquisition 25% of BTC's full supply

Saylor wrote that the US authorities should acquire 25% of Bitcoin's full supply by 2035 — erstwhile 99% of the full BTC proviso has been mined.

The enforcement besides petitioned for the US authorities to follow a broad model for each integer assets successful a proposal titled, A Digital Assets Strategy to Dominate the 21st Century Global Economy.

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

Speaking astatine the caller Blockworks Digital Asset Summit, the Strategy co-founder presented his 21 Truths of Bitcoin speech. The enforcement told the audience:

"Gold inactive underperforms the S&P Index by a origin of 2 oregon more, truthful determination is lone 1 commodity successful the past of the quality contention that was not a garbage concern — the 1 commodity is Bitcoin — a integer commodity."

Despite the caller marketplace downturn, Strategy is inactive up implicit 28% connected its BTC concern and is sitting connected implicit $9.3 cardinal successful unrealized gains.

Magazine: ‘China’s MicroStrategy’ Meitu sells each its Bitcoin and Ethereum: Asia Express