 MicroStrategy's Saylor hints at Bitcoin buy for 11th consecutive week 
2025-01-19
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MicroStrategy co-founder Michael Saylor posted the Bitcoin BTCUSD 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.
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:
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.