'There Are No Tariffs on Bitcoin': Saylor Stuns with Acute BTC Tweet
04/03/2025 20:37
Saylor addressed crypto community with a BTC message that resonates with recent economic developments
Saylor addressed crypto community with a BTC message that resonates with recent economic developments
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Michael Saylor, the founder and executive chairman of Bitcoin giant Strategy (MicroStrategy rebranded) has commented on the new decision announced by the US president Donald Trump.
The US leader ordered that additional baseline tariffs of 10% be imposed on all imports entering the United States from Canada, China, and also the European Union. These tariffs will become effective on April 5.
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The Bitcoin price has reacted to that announcement and crashed by roughly 5.72% over the past 24 hours. It first dropped from $86,930 level on Wednesday, landing on $82,488. After a short rebound to the $83,700 level, the BTC price declined again, this time losing 2% and hitting $81,900. At the time of this writing, the world’s pioneer cryptocurrency is changing hands at $81,995 per coin.
Michael Saylor issued a tweet, addressing the market and urging it not to miss this opportunity and accumulate more Bitcoin on the dip. “There are no tariffs on Bitcoin,” he stated.
There are no tariffs on Bitcoin.
— Michael Saylor⚡️ (@saylor) April 3, 2025
On Wednesday, Saylor published a tweet, which hinted that his company, Strategy, intends to continue accumulating Bitcoin. After the recently announced purchase of 22,048 BTC, Strategy is a proud holder of 528,185 Bitcoins worth $43,376,464,229.