Hedge Fund Doubles Down on Bitcoin—Hinting at Another Mega-Purchase After $15B Q1 Haul

Wall Street’s latest crypto playbook: Buy the rumor, sell the news... then buy more when the suits panic. One firm’s Bitcoin treasury strategy just printed $15 billion in gains last quarter—and their trading desk is flashing ’accumulate’ signals again.

Key moves:

- Bullish accumulation: Stacking sats like BlackRock stacks fees

- Market timing: Pouncing during post-ETF approval dips

- Risk management: Because even digital gold needs a stop-loss

Meanwhile, traditional finance still can’t decide if Bitcoin is a ’risk asset’ or inflation hedge—maybe because their models can’t price what they don’t control.

• Strategy’s Bitcoin holdings hit 553,555 BTC, up by $15B in unrealized gains
• Firm’s BTC purchases exceed daily mining output, creating scarcity
• Strategy’s Bitcoin strategy drives institutional interest, raising adoption

Strategy CEO Michael Saylor has hinted that the company plans to make a large Bitcoin purchase. The firm recently acquired 15,355 BTC for more than $1.4 billion. This purchase marks Strategy’s fourth consecutive weekly Bitcoin purchase, which demonstrates the company’s commitment to BTC as a core treasury asset.

Strategy’s BTC Treasury, Massive Unrealized Profits

SaylorTracker data shows that Strategy has accumulated 553,555 BTC. The company’s recent purchase on April 28, 2025, has generated more than $15 billion, which represents 39% of unrealized gains. Although Strategy missed out on the revenue projections for Q1 2025, the company continues its aggressive Bitcoin acquisition, with  61,497 BTC purchased in 2025.

The company’s Bitcoin acquisition has attracted substantial market attention. Strategy continues to focus on BTC as an important corporate treasury asset. Institutional investors have adopted this approach to add BTC in their investment portfolios.

Strategy’s $21 billion equity offering is part of its plan to raise capital to fund BTC acquisitions. This approach positions the company as a leader in the institutional Bitcoin investment market.

Richard Byworth, an asset manager, believes that Strategy could benefit if it acquires companies with substantial cash reserves. Byworth states that the firm could convert these reserves into BTC in order to enhance its Bitcoin treasury.

Strategy’s Bitcoin Acquisitions Similar to Synthetic Halving

Strategy’s Bitcoin acquisitions have started to influence market dynamics. Analysts state the Strategy’s accumulation has created an artificial halving event. This is because of Strategy’s average daily purchases of 2,087 BTC, which are more than the daily mined supply of 450 BTC.

As of May 4, 2025, the price of BTC was trading at $95,451 after a substantial price increase from the dip caused by U.S.-China trade tensions. This indicates a 0.78% decline in the past 24 hours, although the cryptocurrency shows immense potential for future growth. The Bitcoin upward momentum has attracted institutional investors who have expressed confidence in the long-term value of BTC.

Strategy’s Bitcoin purchases have produced major effects on the market. The company’s acquisitions have exceeded daily mining production, which has led to a decrease in Bitcoin supply in the market. The increased demand in BTC pushes its price to rise and even attracts more investors to the market.

Strategy seeks to strengthen its role in the market amid increased institutional interest in Bitcoin. The company’s ambitious BTC accumulation could continue to drive Bitcoin’s price movements. As the BTC price approaches $100,000, Strategy could influence its price.

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