michael

#Michael Saylor’s Strategy, previously #MicroStrategy , has announced another weekly Bitcoin purchase, surpassing the 700,000 $BTC milestone in the process. This announcement comes as the crypto market braces for the Supreme Court’s ruling on the Trump tariffs, which could come as soon as today.
Strategy Acquires 22,305 BTC for $2.13 Billion
An #SEC filing shows that the company acquired 22,305 BTC for $2.13 billion at an average price of $95,284 per #Bitcoin . It now holds 709,715 BTC, which it acquired for $53.92 billion at an average price of $75,979 per Bitcoin.
This development follows Saylor’s hint of another Strategy Bitcoin purchase on Sunday. He posted his usual Sunday X post, which included the company’s Bitcoin portfolio tracker, with the caption “₿igger Orange,” suggesting a larger purchase than the one two weeks ago. This is notably larger than the purchase from two weeks ago, when it bought 13,627 BTC for $1.25 billion
Meanwhile, this purchase comes as Bitcoin pulls back from its year-to-date (YTD) highs above $97,000, with the flagship crypto dropping to as low as $90,500 today. This price decline has come amid the latest threat of Trump tariffs, with the U.S. planning to impose tariffs on France, Germany, the U.K., the Netherlands, Finland, Denmark, Norway, and Sweden, starting February 1.
Bitcoin and MSTR’s Pullback
The MSTR stock has also declined amid Bitcoin’s pullback. The crypto stock is trading at around $165 in premarket trading, down almost 5% from last week’s close of $173. However, the stock is still up over 12% YTD, marking a huge positive for the stock, which ended 2025 in a loss.
As CoinGape reported, market expert Freedom suggested that the Strategy stock could rally above $200 in the near term, which could confirm that MSTR’s bottom is in. Institutions also continue to accumulate MSTR shares, with Vanguard Group’s Value Index Fund disclosing a $200 million purchase and VanEck recently revealing that it is a top holder.
It is worth noting that Bitcoin and MSTR could see significant volatility soon, with the upcoming Supreme Court ruling on the Trump tariffs, which could come as early as today. The court has set today as an opinion day and could decide on the tariffs case.