After 10 consecutive purchases of Bitcoin by MicroStrategy, this week marked a pause, with Michael Saylor not announcing any new acquisitions.
As of January 20, 2025, MicroStrategy’s Bitcoin holdings reached 450,000 BTC, acquired at a cumulative cost of approximately $28.2 billion, with an average acquisition price of $62,691 per Bitcoin.
The Vision and Final Moves of Michael Saylor
Michael Saylor continues to demonstrate unwavering commitment to Bitcoin, signaling the potential for another purchase. His enigmatic social media post, “Things will be different tomorrow“, coincides with the inauguration of President-elect Donald Trump. His public support and continued accumulation of Bitcoin is seen as a signal of confidence in the long-term value of the cryptocurrency.
Bitcoin price today Reach a new ATH
On January 20, 2025, Bitcoin reached an all-time high of $109,225 per Bitcoin, driven by a combination of market optimism, the launch of Trump-themed memecoins, as well as the inauguration of President Donald Trump.
Total liquidations in the cryptocurrency market reached $1.25 billion in 24 hours, indicating the high market volatility of the day. Bitcoin led the way, with $264 million in liquidations.
The surge in the price of Bitcoin was a major factor in the increase in the value of MicroStrategy’s holdings. For MicroStrategy, the skyrocketing price of Bitcoin has directly translated into increased profits. The company’s decision to hold such a large amount of Bitcoin means that it will benefit significantly from the cryptocurrency’s appreciation.
Donald Trump’s inauguration
January 20, 2025 also marked the inauguration of Donald Trump as the 47th President of the United States. Trump, who is a proponent of business-friendly policies, is expected to take a favorable stance toward cryptocurrencies, which has fueled optimism in the markets.
Trump’s inauguration coincided with a surge in Bitcoin prices, which some analysts attribute to political change and anticipated regulatory developments that could benefit the cryptocurrency market.
Outlook
MicroStrategy’s strategic accumulation of Bitcoin, coupled with Michael Saylor’s leadership, underscores the company’s commitment to digital assets.
The recent surge in Bitcoin’s price and the inauguration of a pro-crypto president could further influence the company’s investment decisions and the broader cryptocurrency market.
