Despite the positive news, the trading price of Strategy's shares fell by about 2%, reflecting a similar decline in Bitcoin's price.

The Bitcoin Bull Score Index has dropped to 20, the lowest level since January 2023, indicating weak market momentum and limited bullish sentiment among investors.

The company has priced its latest tranche of preferred stock at $85 per share, featuring a 10% coupon, which is projected to generate approximately $711 million in revenue.

On March 24, 2025, MicroStrategy, now rebranded as Strategy, announced the acquisition of an additional 6,911 Bitcoin for $584.1 million, bringing its total holdings to over 500,000 Bitcoin.

Analysts warn that ongoing global tariff issues could pressure both traditional and digital markets until at least early April, impacting the direction of risk assets.

Concerns over a potential tariff war have contributed to the current market slump, but some analysts predict that Bitcoin will rebound strongly once conditions improve.

Critics have raised alarms about the sustainability of high cash dividend obligations if Bitcoin prices decline significantly, which could pose risks for investors.

Saylor's strategy emphasizes cash dividends over conversion to common shares, marking a significant shift from previous offerings that included conversion features.

In a recent tweet, Saylor showcased his support for Bitcoin by donning an orange-themed outfit, a color often associated with the cryptocurrency.

Market sentiment appears cautious as major investors, or 'whales,' are currently inactive, neither buying nor selling Bitcoin.

Saylor's tweets have highlighted Bitcoin's role as a hedge against currency devaluation, particularly in light of the U.S. dollar's strength against other currencies.

Overall, while Strategy's aggressive Bitcoin acquisition strategy aims to bolster market confidence, any signs of reduced buying activity could negatively impact perceptions of Bitcoin's strength.