MicroStrategy’s Bitcoin Grab Intensifies As Trump Returns To Washington

Key Takeaways:

• MicroStrategy co-founder Michael Saylor hints at continued Bitcoin accumulation.
• The firm’s holdings reached 450,000 BTC, now valued at over $49 billion, with an investment up nearly 72%.
• Bitcoin achieved a record high of $109,356 hours before Donald Trump’s inauguration, fueled by speculation over crypto-friendly policies.

MicroStrategy, led by co-founder Michael Saylor, has once again signaled its commitment to Bitcoin. 

Saylor’s cryptic post on X, stating, “Tomorrow will be different,” alongside an image tracking the company’s Bitcoin acquisitions.

Things will be different tomorrow. pic.twitter.com/8Rmn1Jjgdr

— Michael Saylor⚡️ (@saylor) January 19, 2025

This marks the eleventh consecutive week of Saylor hinting at additional Bitcoin buys. 

MicroStrategy’s Relentless Bitcoin Accumulation And Saylor Pro-Crypto Stance

On January 13, MicroStrategy purchased 2,530 BTC for $243 million, bringing its total holdings to 450,000 BTC.

With an average acquisition cost of approximately $20 billion, the company has seen its Bitcoin strategy yield a remarkable 72% return.

The company’s 21/21 plan aims to raise $42 billion through equity and fixed-income securities to fund further Bitcoin acquisitions. 

Saylor’s long-standing support for Bitcoin extends into public policy. He recently called on the U.S. Treasury to convert gold reserves into Bitcoin, arguing that such a move would demonetize foreign adversaries’ gold while maximizing America’s BTC reserves.

In December 2024, Saylor proposed a sweeping crypto regulatory framework to create an $81 trillion Bitcoin strategic reserve. 

His ambitious vision includes elevating the digital asset market to a $10 trillion valuation and expanding capital markets to $280 trillion.

MicroStrategy’s steadfast commitment to Bitcoin has inspired other public companies to follow suit. 

Last week, Nasdaq-listed healthcare technology firm Semler Scientific announced a significant Bitcoin acquisition, purchasing 237 BTC for $23.3 million between December 16, 2024, and January 10, 2025.

The company raised $121.8 million in gross proceeds from its ATM offering and announced an additional $50 million expansion in December 2024 to further bolster its financial strategy.

Bitcoin Reaches New Heights as Donald Trump Launches Memecoin Ahead of Inauguration 

The crypto market surged as Bitcoin’s price reached a historic $109,356 on January 20, hours before Donald Trump’s swearing-in as the 47th U.S. president. 

Bitcoin has climbed 70% since Trump’s November election victory, driven by expectations of a crypto-friendly administration.

As Bitcoin climbed to a new all-time high on the eve of Donald Trump’s inauguration, the cryptocurrency market was abuzz with the launch of the “OFFICIAL TRUMP” (TRUMP) memecoin on the Solana blockchain on January 18.

The token was promoted by President-elect Donald Trump as a celebration of his return to the White House, and it quickly gained traction, soaring to a staggering $15 billion market capitalization.

Initially priced at $10 per token, TRUMP skyrocketed to $70 by Sunday morning, achieving a circulating market cap exceeding $70 billion—surpassing well-established companies like Nike and Snapchat.

However, controversy soon followed with accusations of a “pump and dump” scheme emerging as Trump’s wife, Melania, launched her own memecoin, MELANIA, just a day later. 

We are witnessing the largest unforced error ever made before a Presidential inauguration…unbelievable. https://t.co/hdj0hkoubv

— Edward Dowd (@DowdEdward) January 19, 2025

While the TRUMP token suffered a sharp 38% decline overnight, MELANIA peaked at $14 billion within hours of its launch on January 19 before stabilizing at $7.3 billion.