MicroStrategy co-founder Michael Saylor posted a Bitcoin chart indicating another cryptocurrency purchase. The company acquired 2,530 BTC worth approximately $243 million, increasing its holdings to 450,000 coins.
MicroStrategy’s Recent Purchases
For the 11th week in a row, Michael Saylor posted a Bitcoin chart, hinting at another cryptocurrency purchase. On January 13, MicroStrategy bought 2,530 BTC valued at approximately $243 million, bringing its total holdings to 450,000 BTC.
Plans for a Strategic Bitcoin Reserve
MicroStrategy continues its 21/21 strategy by aiming to raise $42 billion to fund Bitcoin purchases. Michael Saylor suggested that the first country to print money or issue debt to buy Bitcoin could significantly improve its economic status.
Proposals for Bitcoin Adoption at the State Level
Saylor believes that the U.S. Treasury should convert its gold reserves to Bitcoin, thereby maximizing BTC reserves. In December 2024, he proposed a crypto regulatory framework, including the creation of an $81 trillion Bitcoin strategic reserve. Anthony Pompliano also advocates for the formation of a Bitcoin reserve for the U.S.
MicroStrategy continues to actively invest in Bitcoin, strengthening its position as the largest corporate holder of cryptocurrency. Saylor and other experts emphasize the importance of adopting Bitcoin at the national strategic level.
