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Bitcoin Hits 13th Straight Buy Amid Trade Deal

Michael Saylor Teases Another Bitcoin Acquisition Amid U.S.-China Trade Deal

  • Michael Saylor’s firm holds a Bitcoin portfolio valued at $71 billion, consisting of 640,808 BTC.
  • The average purchase price for the Bitcoin is $74,302 per coin, with unrealized gains exceeding $23.6 billion.
  • This upcoming acquisition will mark the firm’s 13th consecutive Bitcoin purchase announcement.
  • The latest purchase included an additional 390 BTC, valued at approximately $43 million.
  • President Donald Trump announced a new U.S.-China trade deal aimed at easing economic tensions.
  • The trade deal includes tariff reductions and commitments from China to reopen markets to American agricultural products.

Saylor’s consistent strategy of accumulating BTC during market fluctuations highlights his belief in its long-term value as “digital gold.” The recent trade agreement between the U.S. and China may also positively impact market confidence moving forward.

With unrealized gains of over $23.6 billion from its holdings, Saylor’s firm continues to solidify its position as the largest corporate holder of Bitcoin.

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