MicroStrategy co-founder Michael Saylor announced that the company will be releasing a new bit on January 27th, following the company’s acquisition of 11,000 BTC on January 21st at an average price of $101,191 per coin. Suggested buying coins. This brings MicroStrategy’s total holdings to 461,000 BTC (equivalent to approximately $48.4 billion), surpassing the US government’s Bitcoin holdings. Despite recent declines from its all-time high of $108,786 on January 20, Bitcoin continues to consolidate near $101,000.
This announcement coincides with important developments in U.S. digital asset policy. On January 23, President Trump signed an executive order creating the Presidential Task Force on Digital Asset Markets. The group, chaired by David Sachs, is tasked with studying the creation of a “national digital asset stockpile.” However, Bitcoin’s role in this stockpile remains unclear, as the order did not explicitly mention cryptocurrencies.
This executive order sparked mixed reactions from the Bitcoin community. Max Kaiser, a prominent Bitcoin evangelist, criticized the potential inclusion of altcoins in the US digital asset reserve, saying it would be destructive to Bitcoin’s dominance. Meanwhile, Pierre Rochard, vice president of research at Riot Platforms, said Ripple’s lobbying efforts will prevent Bitcoin from becoming the sole asset of the strategic reserve, and instead recommend it to a more diverse collection of digital assets. warned that this could be accelerated. Ripple CEO Brad Garlinghouse acknowledged the company’s lobbying efforts, but asserted that Bitcoin will remain part of its future reserves.
MicroStrategy’s Bitcoin investments have been profitable with over $19 billion in unrealized gains, but traders are uncertain about Bitcoin’s near-term prospects. The potential transition to a multi-asset digital asset reserve remains a concern in the market, as this policy could include inflationary assets as well as Bitcoin. Despite this uncertainty, Saylor remains committed to growing MicroStrategy’s Bitcoin holdings and has signaled further acquisitions in the coming days.
Although Bitcoin price movements have been volatile in recent weeks, MicroStrategy’s continued investment shows the company’s confidence in the cryptocurrency’s long-term potential. However, the debate over the US digital asset reserve and its possible inclusion of altcoins could have a significant impact on Bitcoin’s future role in the global financial system.