MicroStrategy Signals 11th Bitcoin Buy As Inventory Hits 450,000 BTC Worth $47.3 Billion

MicroStrategy Signals 11th Bitcoin Buy As Holdings Reach 450,000 BTC Worth $47.3 Billion
MicroStrategy Signals 11th Bitcoin Buy As Inventory Hits 450,000 BTC Worth $47.3 Billion

MicroStrategy Signals Another Bitcoin Buy For 11th Consecutive Week. On January 19, co-founder Michael Saylor submitted a Bitcoin chart with the cryptic message, “Things will be different tomorrow,” in line with President-elect Donald Trump’s January 20 inauguration. Earlier this month, the company acquired 2,530 BTC worth $243 million, bringing its total Bitcoin holdings to 450,000 BTC. These assets are currently valued at $47.3 billion, representing a 69% return on the company’s investment. This continues MicroStrategy’s 21/21 level to raise $42 billion through stocks and fixed income securities for additional Bitcoin purchases.

Bitcoin’s price is up 12% in January, approaching $106,500. Analysts like Pentoshi expect all-time highs soon, while Eljaboom predicts that Bitcoin will enter the “trust phase” of its price cycle and set a target of $150,000. Traders are closely watching the $102,700 support level, with some suggesting a retest could propel Bitcoin to new record highs. Saylor’s consistent purchases align with these bullish market trends.

Meanwhile, the OFFICIAL TRUMP token has risen to a market cap of $11 billion, making it one of the top 20 cryptocurrencies. Its rise highlights the importance of high-profile numbers on market sentiment. Despite this, Saylor’s focus remains on Bitcoin and its potential as a strategic asset. He has proposed that the US Treasury convert its gold reserves to Bitcoin to strengthen the dollar, reduce the national debt and position the country as a global leader of the digital economy. Saylor has argued that adopting Bitcoin as a reserve asset would prevent the United States from being overtaken by other nations in the race for the digital economy.

In December 2024, Saylor outlined a regulatory framework for the United States that included goals to expand the digital asset market to $280 trillion and raise Bitcoin’s market cap to $10 trillion. Asset manager Anthony Pompliano has echoed this view, urging local, state and federal governments to acquire Bitcoin as soon as possible to secure a strategic advantage.

MicroStrategy’s disciplined approach to Bitcoin acquisitions, paired with a bullish market outlook, underscores growing institutional confidence in the cryptocurrency’s potential. With Bitcoin approaching record levels, Saylor’s strategy and calls for adoption at the government level reflect a broader push toward mainstream acceptance of digital assets. Bitcoin’s market performance and institutional support continue to capture attention as defining moments unfold in the cryptocurrency space.