Crypto News | April 3, 2025
Michael Saylor, the executive chairman of Bitcoin heavyweight MicroStrategy, has made waves in the crypto community with a sharp and timely statement: “There are no tariffs on Bitcoin.”
The remark follows a major economic move by U.S. President Donald Trump, who announced a 10% tariff on all imports from Canada, China, and the European Union. The policy, set to take effect on April 5, has triggered market volatility, with Bitcoin experiencing a sharp 5.72% drop over the past 24 hours, dipping from $86,930 to $81,900 before stabilizing around $81,995.
Despite the downturn, Saylor remains bullish. His tweet serves as a reminder that Bitcoin operates beyond traditional trade restrictions. Unlike physical goods subject to import taxes, Bitcoin can be bought and sold seamlessly on crypto exchanges with minimal trading fees, making it a truly global asset.
Saylor’s company, MicroStrategy, continues to double down on Bitcoin accumulation. Following their recent purchase of 22,048 BTC, the firm now holds a staggering 528,185 BTC, valued at over $43 billion. His message is clear—economic uncertainty and regulatory shifts make Bitcoin an increasingly attractive hedge.
With financial markets reacting to new trade policies, Bitcoin’s decentralized nature reaffirms its position as a borderless and tariff-free asset. As institutional investors take note, Saylor’s words may prove prophetic once again.
