Key Takeaways
- MicroStrategy's Bitcoin holdings total 450,000 BTC, valued at $47.3 billion.
- Saylor advocates converting U.S. gold reserves to Bitcoin for strategic advantages.
- The company's Bitcoin acquisition plan is part of its $42 billion 21/21 initiative.
On Jan. 19, Michael Saylor, co-founder of MicroStrategy, hinted at another Bitcoin purchase, marking the 11th consecutive week of acquisitions.
The company recently purchased 2,530 BTC on Jan. 13 for $243 million, bringing its total holdings to 450,000 BTC, valued at approximately $47.3 billion.
The 21/21 plan
The purchases are part of MicroStrategy’s ambitious 21/21 plan to raise $42 billion through equity and fixed-income securities to fund Bitcoin acquisitions.
MicroStrategy remains the largest corporate Bitcoin holder globally and has seen a 69% return on its investment.
Saylor’s vision for Bitcoin reserves
Saylor has long advocated for Bitcoin as a strategic reserve asset.
He suggested that the U.S. Treasury convert its gold reserves to Bitcoin to strengthen the dollar and neutralize national debt.
In December 2024, Saylor proposed a regulatory framework emphasizing an $81 trillion Bitcoin reserve, aiming to expand digital asset markets to a $280 trillion valuation.
Growing support
Asset manager Anthony Pompliano echoed Saylor’s sentiments, urging U.S. municipalities and federal agencies to prioritize Bitcoin acquisitions to maintain a competitive edge globally.
Strategic importance
As Bitcoin adoption continues among corporations, Saylor’s strategy underscores the growing importance of BTC as a hedge and strategic asset.
