Michael Saylor’s Strategy buys Bitcoin ( $61,770.00 ) dip with $1.9B purchase

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Michael Saylor’s Strategy bought nearly $2 billion of Bitcoin ( $61,770.00 ) , taking advantage of a recent price dip despite growing market concerns tied to US President Donald Trump’s upcoming tariff announcement.

Strategy, formerly MicroStrategy, has acquired 22,048 Bitcoin ( $61,770.00 ) (BTC) for $1.92 billion at an average price of approximately $86,969 per Bitcoin ( $61,770.00 ) .

The company now holds over 528,000 Bitcoin ( $61,770.00 ) acquired for $35.63 billion at an average price of $67,458 per BTC, announced Michael Saylor, the co-founder of Strategy, in a March 31 X post.

Source: Michael Saylor

Strategy is the world’s largest corporate Bitcoin ( $61,770.00 ) holder and surpassed the 500,000 Bitcoin ( $61,770.00 ) holdings milestone on March 24, days after Saylor hinted at an upcoming Bitcoin ( $61,770.00 ) buy after the company announced the pricing of its latest tranche of preferred stock on March 21.

The firm is currently up over 21% on its Bitcoin ( $61,770.00 ) holdings with an unrealized profit of over $7.7 billion, according to Saylortracker data.

Strategy total Bitcoin ( $61,770.00 ) holdings, all-time chart. Source: Saylortracker

Strategy’s near $2 billion dip buy comes despite investor concerns related to Trump’s upcoming tariff announcement on April 2, which may set the tone for Bitcoin ( $61,770.00 ) ’s price trajectory throughout the month.

The April 2 announcement is expected to detail reciprocal trade tariffs targeting top US trading partners, a development that may increase inflation-related concerns and limit demand for risk assets, such as Bitcoin ( $61,770.00 )

Related: Bitcoin ( $61,770.00 ) ‘more likely’ to hit $110K before $76.5K — Arthur Hayes

This is a developing story, and further information will be added as it becomes available.