Microstrategy Cyler has tipped for an 11th consecutive week of Bitcoin buying
For the 11th consecutive week, Michael Saylor, founder of MicroStrategy, has released a chart of Bitcoin (BTC) that indicates the next day's BTC buying on January 19.
“Things will be different tomorrow,” Salor wrote on social media — likely at the Jan. 20 inauguration of President-elect Donald Trump.
The company bought 2,530 BTC worth approximately $243 million on January 13, bringing MicroStrategy's total holdings to 450,000 BTC.
MicroStrategy continues to stockpile Bitcoin as part of its 21/21 plan to raise $42 billion in equity and fixed income securities to support Bitcoin purchases. It is currently the largest corporate owner of BTC.
Microstrategy December 2024 and January 2025 Bitcoin Purchases. Source: SaylorTracker
Related: Microstrategy's Bitcoin Debt Cycle: Stroke of Genius or Risky Gamble?
Nation states may adopt a debt-to-BTC strategy.
Saylor said that the first country to print or issue money in large quantities and convert fiat to bitcoins would lead other countries and significantly boost their economic standing.
The executive added that the U.S. Treasury should convert its gold holdings into Bitcoin — thus exposing foreign rivals to gold holdings and boosting BTC holdings.
By December 2024, Saylor outlined the US crypto regulatory framework, which includes plans for an $81 trillion Bitcoin strategic reserve. The executive wrote in the Digital Assets Framework:
“A strategic digital asset policy will strengthen the U.S. dollar, eliminate the national debt, and position America as a world leader in the 21st century digital economy.”
The plan included goals of growing the digital asset markets to a market capitalization of $10 trillion and increasing the digital asset capital markets to an impressive $280 trillion.
In the year In November 2024, asset manager Anthony Pompliano urged the United States to establish a strategic reserve of Bitcoin.
Pompliano argued that local municipalities, state governments and the federal government should try to get as much Bitcoin as possible.
Like Saylor, Pompliano stressed that time is running out and that officials in the United States should treat bitcoin as a strategic reserve asset to avoid preemption by other countries.
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