From Cointelegraph
April 13, 2025 1:10:00 pm:

Strategy co-founder Michael Saylor plans to acquire more Bitcoin after a two-week pause in purchases. The company currently holds 528,185 BTC, with an investment up 24% at $8.6 billion in unrealized gains. Despite recent market downturns, Strategy’s moves are closely watched by BTC investors for institutional interest.

Bitcoin’s store-of-value narrative strengthens amid trade tensions, impacting risk-on assets globally. Stock markets lost trillions in value due to Trump’s tariff order, leading to a deep sell-off in crypto markets. Altcoins have collectively dropped over 33%, while BTC remains relatively stable at around $84,000, down 22% from its peak.

Amid a $5 trillion stock market sell-off, Bitcoin’s price stability highlights its use case as a store-of-value asset. Blockstream CEO Adam Back predicts Bitcoin’s attractiveness will rise due to prolonged trade wars and inflation pressures. Back foresees Bitcoin competing with gold and potentially taking over some of its use cases in the future.

Read more at Cointelegraph: Saylor signals Strategy is buying the dip amid macroeconomic turmoil