Strategy has bought nearly 14,000 Bitcoin in its latest crypto purchase, believing in Michael Saylor’s vision even as prices fluctuate following the tariff truce. The acquisition, announced by Saylor on Monday, pushed Strategy’s holdings past half a million coins, defying both regulators and the market.

Strategy Continues Bitcoin Blitz
According to a filing with the U.S. Securities and Exchange Commission (SEC) on May 12, the Virginia-based software company bought 13,390 Bitcoin at $99,856 a coin, for a total of $1.34 billion.

According to Saylor’s May 12 post, the firm currently holds $568,840 worth of BTC, which was purchased for $39.41 billion at $69,287 per Bitcoin.

Strategy has long been known for its controversial Bitcoin acquisition strategy, with Saylor launching the organization’s Bitcoin acquisition campaign in 2020.

News of Strategy’s latest purchase comes shortly after crypto markets surged following the White House’s announcement that the United States and China would pause their current tariffs for three months in hopes of finding a long-term solution.

“For too long, unfair trade practices and America’s massive trade deficit with China have driven the offshoring of American jobs and the decimation of our manufacturing sector,” a White House press release on Monday read.

“Upon reaching an agreement, the United States and China will reduce tariffs by 115% each while maintaining an additional 10% tariff during the pause,” the statement said.

Michael Saylor’s Bitcoin Buying Continues
Despite briefly rising above $105,000 on May 12, the cryptocurrency has since fallen more than 1.5%. Strategy paused its crypto purchases earlier this year after Trump’s “Liberation Day” tariffs sent global markets into turmoil.

However, Saylor’s May 1 post said the Bitcoin treasury firm has increased more than 3,000% since “adopting the Bitcoin standard.”

Saylor also advocated for clear cryptocurrency policies in the United States when he attended the White House Crypto Summit in March.