As bitcoin wavers below $85,000, Michael Saylor, the iconoclastic figure of crypto, challenges the turmoil.

Despite its unrealized gains, Strategy risks having to pay a minimum tax of 15% on its profits under the 2022 Inflation Reduction Act.

As bitcoin price wavers below $85,000, the figure of crypto, Michael Saylor, is making a stand against the turmoil.

His company, Strategy (formerly MicroStrategy), has just purchased $1.9 billion worth of 22,000 BTC. A gamble? More like a demonstration of strength.

In a market shaken by Trump’s protectionist announcements and macroeconomic uncertainty, Saylor embodies an unwavering conviction: bitcoin remains the Holy Grail of digital assets.

Saylor vs the decline of bitcoin

As investors panic over Trump’s tariff threats, scheduled for April 2, Saylor doubles down.

By acquiring 22,048 BTC at $86,969 each, he exploits a decline seen as an opportunity, not a risk.

With 528,000 BTC acquired for $35.63 billion, Strategy now holds 2.5% of the total supply. A record.

The average purchase price ($67,458) and the unrealized gains ($7.7 billion) reveal a strategic patience. Saylor does not trade: he accumulates. Like a marathon runner, he ignores the sprinters exhausted by volatility.

The announcement of the tariffs has fueled inflationary fears, weighing on risky assets. Yet, Saylor seems to be playing a different game.

By buying before April 2, he bets on a broader narrative: bitcoin as a hedge against erratic monetary policies. A bold calculation, where digital gold outperforms traditional gold in the face of geopolitical shocks.

Taxing the future? Saylor refuses to sell

Despite its unrealized gains, Strategy risks having to pay a minimum tax of 15% on its profits under the 2022 Inflation Reduction Act. A first for a publicly traded company. Ironically, this rule, designed to tax tech giants, hits a crypto pioneer.

The Biden administration has hardened its stance against crypto assets, but the November election could change everything.

Under Trump, the IRS could exempt bitcoin from this controversial taxation. A prospect that would justify Saylor’s steadfastness: by accumulating despite the risks, he bets on a political turnaround.

This fiscal standoff extends beyond Strategy. By refusing to sell, Saylor sends a signal to regulators: bitcoin is not a speculative asset but a strategic pillar. An advocacy in action for institutional recognition.

The recent decline of bitcoin is just an episode in its meteoric rise. Saylor, by buying $1.9 billion of BTC, reminds us of a forgotten truth: the greatest gains emerge from chaos. Bitcoin is not dead — it is recharging.

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Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.