MicroStrategy's Saylor signals another Bitcoin purchase

MicroStrategy co-founder Michael Saylor has hinted at a potential Bitcoin (CRYPTO:BTC) acquisition for the 11th consecutive week, indicating ongoing confidence in the cryptocurrency market.

“Things will be different tomorrow,” stated Saylor, sharing a Bitcoin chart on social media, likely referencing the upcoming inauguration of President-elect Donald Trump on January 20.

The company recently purchased 2,530 BTC valued at approximately $243 million on January 13, bringing its total holdings to around 450,000 BTC.

This positions MicroStrategy as the largest corporate holder of Bitcoin, with its investments currently valued at about $47.3 billion.

Saylor has been vocal about his strategy of accumulating Bitcoin as part of MicroStrategy's broader plan to raise $42 billion through equity and fixed-income securities to finance further purchases.

This strategy has resulted in a nearly 69% return on their investment.

In previous statements, Saylor has suggested that nations could benefit from adopting a debt-to-Bitcoin strategy, arguing that the first country to convert fiat currency into Bitcoin could significantly enhance its economic position.

He has also proposed that the U.S. Treasury should consider converting gold reserves into Bitcoin to maximise its holdings.

In December 2024, Saylor outlined a regulatory framework aimed at establishing an $81 trillion Bitcoin strategic reserve for the U.S., emphasising that such a policy could strengthen the dollar and neutralise national debt.