Michael Saylor has signaled a new Bitcoin purchase as the price consolidates around the $104,000 level. The company’s latest acquisition occurred on January 21, with the purchase of 11,000 BTC at an average price of $101,191 per coin.
According to SaylorTracker, MicroStrategy currently holds a total of 461,000 BTC, valued at approximately $48.4 billion, surpassing the Bitcoin holdings of the U.S. government. The company’s Bitcoin investment has yielded a gain of over 65%, with unrealized profits exceeding $19 billion.
Bitcoin’s price fell from its January 20 all-time high of $108,786 to $101,233 on January 23, following President Trump’s announcement of a new strategy for a digital asset reserve.
Trump’s Digital Asset Reserve Plan
On January 23, President Trump signed an executive order establishing the “Working Group on Digital Asset Markets.” This group will work on the U.S. national digital asset stockpile, though Bitcoin was not specifically mentioned in the plan. This omission sparked debates within the crypto community.
While some crypto investors welcomed the move, Bitcoin maximalists strongly opposed the potential inclusion of altcoins in the digital asset reserve. Bitcoin advocate Max Keiser criticized the initiative, stating, “Trump’s support for altcoins could set America back in the crypto race.”
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Similarly, Riot Platforms’ VP of Research, Pierre Rochard, accused Ripple of lobbying the U.S. government to create a strategic reserve composed of various altcoins instead of Bitcoin. Ripple CEO Brad Garlinghouse confirmed these lobbying efforts but clarified that any digital asset reserve would also include Bitcoin.
MicroStrategy’s Bitcoin Strategy
Despite the market volatility, MicroStrategy CEO Michael Saylor continues to view Bitcoin as a long-term strategic asset. The company perceives market pullbacks as an opportunity to accumulate more Bitcoin, staying committed to its aggressive acquisition strategy since 2020.
MicroStrategy’s Bitcoin holdings have now exceeded those of the U.S. government, setting an example for institutional investors seeking to adopt Bitcoin as part of their portfolios.
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