MicroStrategy May Acquire Additional Bitcoins
On Jan. 19, for the 11th consecutive week, MicroStrategy co-founder Michael Saylor shared a Bitcoin chart indicating an imminent BTC purchase.
He wrote on social media that “Things will be different tomorrow,” possibly referencing the inauguration of President-elect Donald Trump on Jan. 20.
The company has recently bought 2,530 BTC, worth around $243 million, on Jan. 13, adding to their existing 450,000 BTC holdings.
As part of their 21/21 plan to raise $42 billion in equity and fixed-income securities, MicroStrategy continues to accumulate Bitcoin.
They currently hold the largest amount of BTC among corporations. Saylor has previously stated that the first country to heavily print money or issue debt and convert it to Bitcoin could gain a significant advantage over other nations.