MicroStrategy continues its active Bitcoin acquisitions, reinforcing its position as the largest corporate holder of the cryptocurrency.
MicroStrategy's Recent Bitcoin Purchases
On January 19, MicroStrategy co-founder Michael Saylor announced a new Bitcoin purchase. The company acquired 2,530 BTC worth approximately $243 million on January 13, bringing its total holdings to 450,000 BTC. This purchase aligns with MicroStrategy's plan to raise $42 billion through equity and fixed-income securities for Bitcoin acquisitions.
Michael Saylor's Long-Term Strategy
Michael Saylor envisions Bitcoin as a key component of national economic policies. He has suggested that countries issue debt or print money to convert fiat into Bitcoin, providing a significant advantage globally. He also proposed that the US Treasury convert its gold holdings to Bitcoin.
Support for a Bitcoin Strategic Reserve
In November 2024, asset manager Anthony Pompliano echoed the idea of creating a Bitcoin strategic reserve. He suggested that federal, state, and local governments should focus on acquiring BTC to avoid falling behind other nations. Both Saylor and Pompliano emphasize the importance of recognizing Bitcoin as a strategic asset.
MicroStrategy continues its aggressive Bitcoin accumulation, maintaining its leadership in the corporate sector. Michael Saylor and other experts highlight the importance of integrating Bitcoin into national economic strategies to strengthen positions on the global stage.