Key Takeaways
- Michael Saylor signals a new Bitcoin purchase for Jan. 27.
- MicroStrategy now holds 461,000 BTC, valued at $48.4 billion.
- Debate continues over the U.S. digital asset reserve policy and Bitcoin’s role.
MicroStrategy co-founder Michael Saylor has hinted at another Bitcoin purchase scheduled for Jan. 27.
The company’s most recent purchase, on Jan. 21, added 11,000 BTC at an average price of $101,191 per coin.
According to SaylorTracker, MicroStrategy now holds 461,000 BTC, worth approximately $48.4 billion, surpassing the Bitcoin holdings of the U.S. government.
Bitcoin price action & market context
The signal comes as Bitcoin consolidates near $104,000 following a pullback from its Jan. 20 all-time high of $108,786.
This market shift coincides with President Trump’s Jan. 23 executive order creating the President’s Working Group on Digital Asset Markets, chaired by crypto and AI czar David Sacks.
The group is tasked with exploring a “national digital asset stockpile,” although the order did not explicitly prioritize Bitcoin.
Community reactions & policy debate
The executive order has divided the Bitcoin community. Max Keiser, a Bitcoin evangelist, criticized the inclusion of altcoins in a potential U.S. digital asset reserve, calling them:
Destructive
Pierre Rochard of Riot Platforms warned that lobbying efforts by Ripple could dilute the focus on Bitcoin, saying:
Ripple is the biggest obstacle to a strategic Bitcoin reserve.
Ripple CEO Brad Garlinghouse confirmed lobbying efforts for a multi-asset reserve but assured that Bitcoin would still be included.
Market outlook
While Saylor prepares to add more BTC to MicroStrategy’s holdings, traders express uncertainty about short-term Bitcoin price action due to potential policy shifts toward a diversified reserve.