Reported 2 days ago
MicroStrategy co-founder Michael Saylor has announced plans for an additional Bitcoin purchase on January 27, following the company's acquisition of 11,000 BTC at an average price of $101,191, raising its total holdings to 461,000 BTC worth around $48.4 billion. This investment exceeds U.S. government holdings of Bitcoin and comes as the cryptocurrency consolidates around $101,000 after a recent price pullback. The announcement also coincides with a new executive order by President Trump addressing U.S. digital asset policy, which has sparked debate within the Bitcoin community regarding the potential inclusion of altcoins in a national reserve, adding uncertainty to Bitcoin's future in the financial system.
Source: YAHOO