So, Michael Saylor, the co-founder of Strategy, has decided to jump back into the Bitcoin pool after a two-week “let’s just stare at our screens” break. Because who doesn’t love a good dip? 🍟
On March 31, they scooped up a whopping 22,048 Bitcoin, bringing their total stash to 528,185 BTC. That’s a lot of digital coins! 💰
According to the ever-watchful SaylorTracker, their BTC investment is up by about 24%. That’s over $8.6 billion in unrealized gains. I mean, who needs reality when you have unrealized gains, right? 😂
Despite Bitcoin’s recent tumble below $80,000, Strategy is still on a buying spree. It’s like watching someone buy ice cream while it’s snowing—bold move, my friend! 🍦❄️
Bitcoin’s store-of-value narrative grows despite the recent price decline
Meanwhile, the world is in a bit of a pickle with trade tensions between the U.S. and China. It’s like watching a soap opera, but with more tariffs and fewer dramatic pauses. 📉
Stock markets have lost trillions—yes, trillions!—thanks to Trump’s tariff tantrums, and crypto markets are not exactly throwing a party either. 🎉
According to Total3, which tracks the crypto market excluding BTC and Ether, altcoins have collectively lost over 33% of their value since December 2024. Ouch! That’s gotta hurt! 😬
In comparison, BTC is only down about 22% from its peak of over $109,000 in January 2025. It’s like the tortoise in a race—slow and steady, right? 🐢
Bitcoin has managed to stay relatively stable during a $5 trillion stock market sell-off. It’s like that one friend who remains calm while everyone else is losing their minds. 🧘♂️
At Paris Blockchain Week 2025, Adam Back, the CEO of Blockstream, said that the ongoing trade war is making Bitcoin look like a shiny new toy. He predicts inflation will skyrocket to 10-15% in the next decade. So, good luck finding returns on traditional investments! 🎢
“There’s a real chance Bitcoin could start competing with gold,” Back told CryptoMoon’s Gareth Jenkinson. Because why not? Let’s throw gold into the mix! 🥇
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2025-04-13 20:45