Michael Saylor’s Strategy Acquires 1,895 Bitcoin For $180 Million

Monicah W

Michael Saylor's Strategy Acquires X Bitcoin

Michael Saylor’s Strategy, previously known as MicroStrategy, has made another Bitcoin purchase. This time, the firm has acquired 1,895 BTC for $180 million, bringing its total Bitcoin holdings to 555,450 BTC.

Michael Saylor’s Strategy Purchases 1,895 Bitcoin

In a press release, Strategy announced that it had acquired 1,895 BTC for $180.3 million at an average price of $95,167 per bitcoin. The company has also achieved a BTC yield of 14.0% year-to-date (YTD). Meanwhile, MicroStrategy now holds 555,450 BTC, which it acquired for $38.08 billion at an average price of $68,550 per Bitcoin.

Strategy has also been on a hot streak, having acquired Bitcoin almost every week since the year began. Last week, Michael Saylor’s company acquired 15,355 Bitcoin for $1.42 billion, one of its largest purchases this year.

Amid this recent purchase, MicroStrategy’s stock price is in the red. Nasdaq data shows the stock is currently down almost 3% in pre-market trading, trading at around $383.

However, it is worth mentioning that the MSTR stock price is up just over 36% year-to-date. It also remains the best-performing asset among all major assets since Saylor and his company adopted the Bitcoin Strategy back in 2020. For context, the stock is up 210% in the last year.

Bernstein Predicts Other Companies To Adopt BTC Model

With Strategy’s Bitcoin plan flourishing, Bernstein analysts predict that listed corporates will follow suit and allocate around $205 billion in capital for BTC acquisition. They believe this capital allocation will be led by small, low-growth companies trying to emulate MicroStrategy’s Bitcoin treasury model.

For their bull case, Bernstein expects another $124 billion in inflows from MSTR alone, especially after MicroStrategy upsized its capital raise plans to $84 billion by 2027 for Bitcoin purchases. The company has already achieved 32% of this goal in just six months.

Meanwhile, the analysts explained why low-growth companies are more likely to adopt this strategy, noting that such companies with high cash have a better market fit with the MSTR Bitcoin playbook. These companies apparently have no visible road for value creation, and Strategy’s success offers them a rare growth path.

The post Michael Saylor’s Strategy Acquires 1,895 Bitcoin For $180 Million appeared first on CoinGape.

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Crypto Today: Altcoins Find New Buyers as Microsoft, Apple and Nvidia Lose $1 Trillion in 3 Days

Donald Trump’s Tariffs Raise Odds Of US Recession & What It Means For Crypto Market

Crypto market capitalization closed the week above $2.7 trillion mark on Saturday, April 5, while Trade war panic wiped over $1 trillion off US tech stocks including Apple, NVIDIA and Microsoft.

Microsoft, Apple and Nvidia all lose $3 trillion valuation as Trump tariffs Wipe Out $1 trillion in 3 days

As Trump announced fresh tariffs on Wednesday, global Markets reacted swiftly. The Dow Jones Industrial Average dropped over 3000 points plunging 7.4%, while Crude Oil (WTI) also tumbled more than 10% as manufacturers and commodities traders brace for a blip in global commerce.

But the most dramatic losses came from the United States’ technology sector. Apple, Microsoft, and NVIDIA—three of the most valuable companies globally—shed more than $1 trillion in market capitalization combined after Trump announced the sweeping tariffs on Wednesday.

US Stock Market Performance over the past week, April 5 2025 | Source: TradingView
US Stock Market Performance over the past week, April 5 2025 | Source: TradingView

Apple alone fell 15.02% on the week, while NVIDIA’s stock lost 15.4% following supply chain concerns tied to the semiconductor industry. Microsoft declined 15.9%, extending its weekly loss to the steepest seen since October.

Notably, all three stocks which traded above the $3 trillion mark in the past year have now plunged below that historic threshold.

Largest Companies globally ranked by market capitalization as of April 5 2025 | Source: companiesmarketcap.com
Largest Companies globally ranked by market capitalization as of April 5 2025 | Source: companiesmarketcap.com

At press time, on Saturday April 5, Apple (AAPL) sits atop with $2.83 trillion market cap, while Microsoft (MSFT) and NVIDIA (NVDA) follow with current valuations of $2.7 and $2.3 trillion valuations respectively.

Historically, such synchronized declines among the biggest U.S. corporations suggest investors are reacting to systemic market risks rather than, individual stock performance outlook.

This affirms that China’s swift retaliation—announcing new tariffs on U.S. exports within 48 hours—has sparked fears of a sustained trade war.

The looming supply chain risks has prompted investors to pivot away from US stocks towards alternative markets like private credit and cryptocurrencies.

Altcoins Brace for Breakout as Crypto Market Cap Holds at $2.7T  Amid Trade War Concerns

Bitcoin price has held firmly above the $80,000 mark, despite US Trade tariffs sparking intense market turbulence across global financial markets over the past week.  BTC’s resilient price action has caught investor’s attention, with the positive sentiment extending towards altcoins.

On Wednesday, the White House triggered widespread investor anxiety by unveiling sweeping new tariffs on imports from multiple trading partners, including China, India, Mexico, and the European Union.

Early market reactions show that cryptocurrencies withstood the sell-pressure while US Stocks, and manufacturing commodities markets nose-dived.

Crypto Spot Market Performance, April 5 2025 | Source: Coingecko 
Crypto Spot Market Performance, April 5 2025 | Source: Coingecko

As seen in the Coingecko chart above, the aggregate crypto market capitalization stands at $2.7 trillion at press time, keeping weekly timeframe losses below the 8% mark. Not only has Bitcoin price held above the $82,000, the resilient performance extended to the crypto sector as a whole.

As seen in the chart, top ranked altcoins like XRP, BNB and Cardano are holding key support levels around $2, $590 and $0.65 respectively, as global markets saw major sell-off response to Trump’s tarrfis.

But in the crypto-sector as weak hands exited, and BTC held steady, altcoin found new buyers as as investors exiting us stocks sought assets unexposed to trade tensions. In effect, Crypto markets only declined 8% in the past week, while Microsoft, Nvidia and Apple all plunged by more than 15%.

As investors exited those markets, the displaced capital found its way into the crypto markets, which has kept top altcoins that Ethereum, XRP, BNB. and Solana consolidating near the $1,800, $2, $600.

For context, of the top 5 ranked cryptocurrencies are posting BTC, ETH, BNB and XRP are all posting less than 1% losses on the weekly timeframe.

Meanwhile, Solana the worst performer among the top-ranked altcoins this week, settles at $119 at press time, having only plunged 5%, despite active bearish catalyst from token unlocks, and upcoming FTX payouts.

The post Crypto Today: Altcoins Find New Buyers as Microsoft, Apple and Nvidia Lose $1 Trillion in 3 Days appeared first on CoinGape.

How James Wynn Lost $60 Million in a Week Trading Bitcoin

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The post How James Wynn Lost $60 Million in a Week Trading Bitcoin appeared first on Coinpedia Fintech News

In the  world of cryptocurrency trading, fortunes can be made — and lost — in a matter of days. One such example is James Wynn, a crypto trader famous for using high leverage in his trades. Recently, Wynn faced one of the biggest losses of his career, losing over $60 million in just seven days.

What Happened?

The trouble began on May 19th, when Wynn opened a big trade on Bitcoin using 40x leverage. This means for every $1 of his own money, he borrowed $40 to increase his bet. He started with 5,520 Bitcoin at a price of around $103,300. Over the next few days, he kept increasing his position, pushing it past 9,300 Bitcoin and then above the $1 billion mark.

At first, it looked like a smart move. As Bitcoin’s price rose, Wynn’s trade showed unrealized profits of over $10 million. He even locked in some gains by closing part of his position. But the market soon turned against him. A drop in Bitcoin’s price, triggered by news about new U.S. tariffs on European goods, caused his position to lose value fast.

Wynn tried to recover by adding new trades and switching strategies, but the losses kept piling up. By May 26th, he had lost about $60 million, making it one of the steepest declines of his career. Despite the setback, he mentioned that his trading account still had around $25 million in profits from earlier trades.

Who Is James Wynn?

James Wynn became famous in the crypto world during the 2022 bull market. Back then, he reportedly got support from Alameda Research, a trading firm known for backing new crypto traders. Wynn gained attention for his aggressive trading style, using leverage levels as high as 40x to amplify his positions.

He made big profits trading Bitcoin and meme coins like Pepe Coin and Official Trump Token. His strategy involves reacting quickly to market moves and even using social media to share his positions, which sometimes influences other traders.

The post How James Wynn Lost $60 Million in a Week Trading Bitcoin appeared first on Coinpedia Fintech News
In the  world of cryptocurrency trading, fortunes can be made — and lost — in a matter of days. One such example is James Wynn, a crypto trader famous for using high leverage in his trades. Recently, Wynn faced one of the biggest losses of his career, losing over $60 million in just seven days. …