Bitcoin Receives Major Boost as Strategy Invests $1.9 Billion
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In a significant move that underscores the ongoing interest in Bitcoin despite recent market volatility, Michael Saylor’s firm Strategy (formerly MicroStrategy) has announced a major investment in the leading cryptocurrency. Here’s a closer look at the details and implications of this latest acquisition.
Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Portfolio
Michael Saylor’s firm, Strategy (previously known as MicroStrategy), announced a new Bitcoin (BTC) buy on Monday, March 31st of a significant $1.9 billion in BTC. This comes despite the market’s leading cryptocurrency’s recent challenges, having plummeted 25% from its all-time high in January of this year. This latest acquisition marks the largest in terms of tokens for Strategy in 2025. Since late October, Strategy has engaged in a series of nearly weekly purchases, bringing its total Bitcoin holdings to approximately $43.4 billion, which represents about 2.5% of the total 21 million Bitcoin that will ever be issued.
American Bitcoin Emerges As Trump Family’s Latest Crypto Investment
Hut 8, a publicly traded Bitcoin mining company, announced a strategic partnership with Eric Trump and Donald Trump Jr. to establish American Bitcoin. Hut 8 will contribute most of its BTC ASICs in exchange for an 80% equity stake. Eric Trump will serve as co-founder and chief strategy officer, while Matt Prusak will be CEO.
Crypto Investment Products See $226 Million Inflows
Last week, digital asset investment products attracted $226 million in inflows, signaling cautiously optimistic investor sentiment. After experiencing the largest outflows on record, ETPs have seen nine consecutive days of inflows, except for a small outflow on Friday. Bitcoin led the inflows with $195 million, while short-Bitcoin investment products faced outflows. This cautious Optimism may have been influenced by US CORE personal consumption expenditure data exceeding expectations, suggesting the Federal Reserve might maintain its hawkish stance.
Bitcoin Struggles at $83K as Short-Term Holders Recoup Losses
Today’s on-chain metric indicates that Bitcoin’s SOPR ratio has moved below 1, suggesting short-term holders are selling their tokens at a loss. This data projects a bearish momentum for BTC in the short-term. CryptoQuant reported that the Short-Term Holder Spent Output Profit (SOPR) ratio has dropped below 1, indicating a possible bearish outlook. Historically, when SOPH falls below 1, it shows short-term holders placing tokens into sales at a loss, suggesting capitulation and short-term price decreases. Short-term holders are investors who keep coins for less than 155 days, while long-term holders store them for longer periods.
Quarter of S&P 500 firms to hold Bitcoin by 2030 – Treasury Execs’ warning!
Bitcoin [BTC] as a treasury reserve asset is still unproven but gaining traction. 90 publicly traded companies currently hold BTC on their balance sheets, hedging against inflation and diversifying their portfolios. MicroStrategy led this trend in 2020, followed by newer adopters like GameStop. Some analysts predict that by 2030, a quarter of the S&P 500 will have BTC exposure, raising questions about whether this will become the norm.
