MicroStrategy purchased $1.1 billion in Bitcoin after the election of Trump.
In a bold move, the world’s largest publicly traded holder of Bitcoin, MicroStrategy, yesterday announced it will buy 11,000 more Bitcoins worth about $1.1 billion. The purchase was made one day after Donald Trump became the 47th President of the United States. On January 21, 2025, tweets revealed that the company’s executive chairman, Michael Saylor, confirmed that he is now an advocate of the cryptocurrency and indeed its leader.
MicroStrategy Increases Its Reserves in Bitcoin
MicroStrategy bought these 11,000 BTC at an average price of $101,191 per coin. The company has now bought 461,000 BTC. This reserve is worth around $48 billion at today’s market rate. The 2% drop on Bitcoin priced at $105,044 has left its reserves just a little below the above amount.
Michael Saylor, the CEO of MicroStrategy, has been a long-time proponent of Bitcoin, recommending the asset as a strategic one. In this period, MicroStrategy has become one of the leading corporate investors into crypto space. This most recent buy is in line with the longer-term conviction by the company that Bitcoin is a better form of store value than even cash or gold.
The “21/21” Roadmap
Saylor introduced MicroStrategy’s ambitious “21/21” roadmap, where the company looks to significantly up its Bitcoin stock by 2028. By then, MicroStrategy hopes that its Bitcoin portfolio is worth more than $100 billion.
It is not just MicroStrategy that is ready to go all-in on Bitcoin. Other players, like the Bitcoin miners Marathon Digital and Riot Platforms, also are doing it. Offshore companies such as Genius Group, and publically traded companies, such as KURL, add Bitcoins to their treasuries.
Bitcoin’s Role in Trump’s Presidency
This great return of Trump to the White House has found coincidence with fresh interest in the cryptocurrency from both corporate and financial entities. Very importantly, it is reported that World Liberty Financial, a company backed by both Trump and his sons, invested $47 million in wrapped bitcoin (WBTC) some weeks before Trump took office.
Perhaps this marks a new era of Bitcoin adoption under the Trump administration. Pro-crypto policies and regulatory transparency could propel the institutional adoption of Bitcoin as well as other digital assets in the next couple of years, according to finance specialists.
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A New Era for Bitcoin
Aggressive acquisitions of Bitcoins by MicroStrategy, and the mounting opinions of Trump on cryptocurrency, push Bitcoin forward in its way to becoming increasingly accepted. Companies integrate Bitcoin more into their balance sheets, raising the relevance of the digital asset in the global financial ecosystem.
This clearly shows that Bitcoin is here to stay, considering Michael Saylor’s confidence and the strategic roadmap set. Now with institutional investments surging and governments realizing its potential, the future of Bitcoin seems brighter than ever.
