Saylor signals Strategy is buying the dip amid macroeconomic turmoil
Michael Saylor, co-founder of Strategy, has announced the company's intention to continue acquiring Bitcoin following a nearly two-week pause in purchases. As of March 31, Strategy holds a total of 528,185 BTC, with the recent investment of 22,048 BTC reflecting substantial unrealized gains of over $8.6 billion. This decision comes amidst a challenging economic landscape characterized by trade tensions between the U.S. and China, which have adversely affected risk assets, including cryptocurrencies. While altcoins have seen a decline of over 33% since their peak in December 2024, Bitcoin has only dropped approximately 22% from its peak of over $109,000 in January 2025, currently trading around $84,000. Experts, including Blockstream's Adam Back, suggest that ongoing macroeconomic pressures and inflation concerns, predicted to surge up to 10-15% in the next decade, will enhance Bitcoin's appeal as a store of value, potentially overshadowing traditional investment avenues.
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