Saylor on Bitcoin: “No Tariffs on BTC” Amid Economic Shifts

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• Saylor urges the crypto community to buy Bitcoin amid tariffs, highlighting its freedom from economic restrictions.

• Despite market dips, Saylor remains bullish on Bitcoin’s long-term potential as a superior store of value.

Amid the turbulent economic shifts brought about by new tariff policies in the United States, Michael Saylor, founder of Strategy (formerly MicroStrategy), took to social media to champion Bitcoin’s unique advantage. 

As President Donald Trump’s new 10% baseline tariffs on imports from key trade partners, including Canada, China, and the European Union, took effect, Bitcoin’s price experienced a notable dip. 

Saylor’s message to the crypto community, however, focused on Bitcoin’s resilience. With a tweet proclaiming, “There are no tariffs on Bitcoin,” he highlighted the freedom and liquidity that digital assets offer in times of economic volatility.

Bitcoin’s Response to Tariff Announcement

As reported in our recent coverage, the announcement of new tariffs saw global markets and Bitcoin decline, falling by as much as 5.72% within 24 hours. From a peak of around $86,930, the price dropped to $82,488, with a brief rebound before retreating to around $81,900. 

This dip, along with other major cryptocurrencies such as Ethereum and XRP, can be attributed to the market’s reaction to the heightened economic uncertainty triggered by trade policies.

Despite the downturn, Michael Saylor saw the dip as an opportunity for strategic accumulation. As reported by ETHNews, Saylor’s Strategy has long been known for its aggressive Bitcoin acquisition. Having recently added 22,048 BTC to its holdings, the company now owns 528,185 BTC, valued at approximately $43.3 billion. 

In his tweet, Saylor encouraged followers to take advantage of the market’s temporary dip, reinforcing his belief that Bitcoin remains a superior store of value, especially as traditional financial systems face instability.

Saylor’s Bitcoin Advocacy: Continued Commitment to Digital Asset

Saylor’s commitment to Bitcoin has been unwavering. His latest comments reinforce the vision he laid out when he first made Bitcoin a cornerstone of Strategy’s investment strategy. Since his company started accumulating Bitcoin in 2020, it has continued to build its position, highlighting Bitcoin’s unique attributes. 

As a decentralized, programmatically scarce asset with robust cryptographic security, Bitcoin stands apart from traditional assets like gold or fiat currencies.

On April 1, Saylor further reinforced his stance with a playful yet pointed call to action for the community. On April Fools’ Day, he posted a whimsical AI-generated image of himself dressed as a medieval jester with the caption, “Don’t be a fool. Buy Bitcoin.” 

This lighthearted approach underscored his firm belief that Bitcoin remains the best hedge against macroeconomic uncertainty and traditional market manipulations.

Saylor’s Focus on the Long-Term Potential of Bitcoin

Michael Saylor remains optimistic about Bitcoin’s long-term potential. As noted in our earlier post, Saylor predicted that Bitcoin could eventually reach a $100 trillion market cap, positioning it as a dominant global store of value. 

He also suggested that the U.S. government could benefit from holding Bitcoin as a strategic reserve, similar to how it has historically maintained reserves of oil and gold. Saylor believes such a policy could strengthen the dollar’s global position in an increasingly digital financial world.

Meanwhile, Arthur Hayes, former CEO of cryptocurrency exchange BitMEX, has made a bold prediction for Bitcoin. He expects the cryptocurrency to soar to $250,000 by the end of 2025. 

Hayes argues that Bitcoin’s price is influenced by market expectations of future fiat currency supply, particularly in light of potential shifts in Federal Reserve policies. If the Fed adopts a more dovish stance, Bitcoin could surge toward Hayes’ price target.