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MicroStrategy’s Saylor hints at Bitcoin buy for 11th consecutive week

MicroStrategy’s Bitcoin holdings are currently valued at approximately $47.3 billion, and the company is up nearly 69% on its investment.

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MicroStrategy co-founder Michael Saylor posted the Bitcoin (BTC) chart, which signals an impending BTC purchase the next day, for the 11th consecutive week on Jan. 19.

“Things will be different tomorrow,” Saylor wrote on social media — a likely nod to the inauguration of President-elect Donald Trump on Jan. 20.

The company purchased 2,530 BTC, valued at approximately $243 million, on Jan. 13, bringing MicroStrategy’s total holdings to 450,000 BTC.

MicroStrategy continues accumulating Bitcoin as part of its 21/21 plan of raising $42 billion in equity and fixed-income securities to finance the purchase of Bitcoin. It is currently the largest corporate holder of BTC.

MicroStrategy’s December 2024 and January 2025 Bitcoin Purchases. Source: SaylorTracker

Related: MicroStrategy’s Bitcoin debt loop: Stroke of genius or risky gamble?

Nation states can adopt the debt-to-BTC strategy

Saylor previously said that the first country to massively print money or issue debt and convert the fiat to Bitcoin could front-run other nations and massively increase their economic position.

The executive added that the United States Treasury should convert its gold holdings to Bitcoin — thereby demonetizing the gold reserves of foreign adversaries while maximizing BTC reserves.

In December 2024, Saylor outlined a crypto regulatory framework for the US, which included plans for an $81 trillion Bitcoin strategic reserve. The executive wrote in his digital assets framework:

“A strategic digital asset policy can strengthen the US dollar, neutralize the national debt, and position America as the global leader in the 21st-century digital economy.”

The plan included goals of raising the digital asset markets to a $10 trillion market capitalization and expanding digital asset capital markets to a staggering $280 trillion.

In November 2024, asset manager Anthony Pompliano urged the United States to establish a Bitcoin strategic reserve.

Pompliano argued that local municipalities, state governments, and the federal government should be trying to acquire as much Bitcoin as possible as quickly as they can.

Like Saylor, Pompliano stressed that the clock is ticking and officials in the United States should adopt Bitcoin as a strategic reserve asset to avoid being front-run by other nations.

Magazine: Bitcoin will ‘start ripping’ as Trump’s polls improve: Felix Hartmann, X Hall of Flame

This article first appeared at Cointelegraph.com News

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Written by Outside Source

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