Saylor signals impending Bitcoin purchase following Q1 earnings call

Strategy co-founder Michael Saylor hinted astatine an impending Bitcoin (BTC) purchase, marking the 4th consecutive week of purchases by the BTC treasury company.

The company's most caller acquisition occurred connected April 28 erstwhile Strategy purchased 15,355 BTC, valued astatine implicit $1.4 cardinal astatine the time, bringing the company's full holdings to 553,555 BTC.

According to data from SaylorTracker, Strategy is up astir 39% connected its investment, representing implicit $15 cardinal successful unrealized gains.

Strategy’s past of Bitcoin acquisition. Source: SaylorTracker

Bitcoin investors proceed intimately monitoring the company, which has been a large operator of nonstop organization vulnerability to BTC by popularizing the Bitcoin firm treasury conception and indirectly done institutions holding Strategy's stock successful their concern portfolios.

Related: Strategy ends April up 32% successful champion period since November arsenic Q1 net loom

Strategy misses Q1 expert estimates but continues stacking Bitcoin

Strategy fell abbreviated of expert estimates for Q1 2025, reporting astir $111 cardinal successful revenue, down by 3.6% from Q1 2024 and missing expert expectations by 5%.

However, the institution besides reported that it acquired 61,497 BTC truthful acold successful 2025 and besides revealed plans to rise $21 cardinal done an equity offering to concern the acquisition of much BTC.

The quarter-by-quarter maturation of Strategy’s Bitcoin treasury. Source: Strategy

Asset manager Richard Byworth precocious suggested that Strategy should acquire companies with ample currency reserves and person those fiat currency reserves to Bitcoin for its treasury.

Byworth added that Strategy could besides acquisition Bitcoin connected the unfastened marketplace arsenic speech balances dwindle, alternatively than the over-the-counter (OTC) transactions betwixt backstage parties that bash not impact the marketplace speech price.

Doing truthful would propulsion prices higher, driving up the worth of Strategy's Bitcoin reserves and acting arsenic a catalyst attracting adjacent much investors to BTC, the plus manager said.

Strategy's effect connected Bitcoin's terms and Bitcoin adoption continues to gully aggravated treatment implicit the relation of the institution arsenic it relates to marketplace dynamics.

Adam Livingston, a BTC expert and writer of "The Bitcoin Age and The Great Harvest," precocious argued that Strategy's request for BTC is synthetically halving Bitcoin by outpacing the regular miner output.

Livingston pointed retired that Strategy's mean regular complaint of Bitcoin accumulation of astir 2,087 BTC acold outstrips the corporate regular mined proviso of astir 450 BTC.

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