Thomas Daniels
The business intelligence company MicroStrategy, which is well-known for its aggressive approach to Bitcoin, now has almost $47.3 billion in BTC, which represents a 69% growth in its initial investment. For the eleventh week in a row, Michael Saylor, a co-founder of the company, made a reference to another Bitcoin acquisition on January 19.
Saylor posted a Bitcoin chart along with the mysterious caption, “Things will be different tomorrow,” on social media, hinting at a possible Bitcoin purchase that coincided with President-elect Donald Trump’s inauguration on January 20.
Buying Bitcoin in January Increases Holdings to 450,000 BTC
MicroStrategy purchased an extra 2,530 Bitcoin on January 13 for almost $243 million. The company’s position as the greatest corporate Bitcoin holder in the world was cemented with this most recent acquisition, which increased its total Bitcoin holdings to an astounding 450,000 BTC.
The company’s aggressive 21/21 plan, which seeks to raise $42 billion through equities and fixed-income securities to finance Bitcoin purchases, is in line with this transaction.
Saylor Supports a Debt-to-Bitcoin Strategy for the Nation-State
Saylor has long defended Bitcoin as a game-changing asset for businesses and countries alike. He suggests that by leading the way in worldwide adoption, a nation that can use fiat debt to purchase Bitcoin might significantly boost its economic stature.
In a previous comment, Saylor proposed that the U.S. Treasury convert its gold reserves into Bitcoin. He believes this would increase the U.S.’s Bitcoin holdings while demonetizing gold as a strategic reserve.
A $10 trillion digital asset market vision
Saylor proposed the creation of a $81 trillion Bitcoin strategic reserve in his December 2024 regulatory framework for the United States. In order to strengthen the US currency, lower the national debt, and establish the US as a leader in the digital economy, his plan placed a strong emphasis on the value of digital assets.
According to the proposal, digital capital markets would reach $280 trillion and digital asset markets will reach a $10 trillion capitalization.
Saylor’s Call for Bitcoin Adoption Is Echoed by Pompliano
In a similar vein, renowned asset manager Anthony Pompliano has called for the US government to create a strategic reserve for Bitcoin. He warns of possible repercussions if other countries embrace Bitcoin as a reserve more quickly, and urges states, local governments, and the federal government to purchase the cryptocurrency immediately.
Pompliano’s reasoning supports Saylor’s claim that economic and national security are at stake in the race to adopt Bitcoin.
