đ° MicroStrategy Holds 461K $BTC and is BUYING MORE!
Michael Saylor, co-founder of MicroStrategy, posted his usual âBTC Trackerâ for a 12th straight week and signaled that the company could grab more Bitcoin on Jan. 27. They last bought 11,000 BTC on Jan. 21 at an average price of around $101,191âand now theyâve got 461,000 BTC in total, surpassing even the U.S. governmentâs stash.
Meanwhile, Trump signed an executive order forming a new âPresidentâs Working Group on Digital Asset Markets,â chaired by crypto/AI czar David Sacks. Thereâs chatter about creating a ânational digital asset stockpile,â but itâs unclear whether Bitcoin gets top billing or if altcoins sneak in. The thought of a more diversified reserve has some Bitcoin maxis up in arms. Max Keiser slammed what he calls âembracing shitcoins,â and Pierre Rochard from Riot Platforms insists that altcoinsâespecially XRPâpose the biggest threat to a purely Bitcoin-focused reserve.
Bitcoin neared an all-time high of about $108,786 on Jan. 20, but itâs been bouncing around since. Some traders say short-term upside feels capped, partly because the Trump adminâs âstockpileâ may not be 100% Bitcoin. Even so, Saylor seems undeterred; MicroStrategyâs already up 65% on its BTC buys, reaping a paper gain north of $19 billion. Thatâs a lot of incentive to keep stacking satsâregardless of what policy comes out of D.C. #MicroStrategy #MichaelSaylor #BitcoinNews #BTC #Bitcoin