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Cryptocurrency News Articles
MicroStrategy’s Michael Saylor Hints at Another Bitcoin Acquisition in Cryptic Tweet That Also Seemingly References President-elect Donald Trump’s Inauguration
Jan 20, 2025 at 05:13 am
“Things will be different tomorrow,” Saylor tweeted Sunday. The statement comes on the heels of MicroStrategy upping its Bitcoin (BTC) holdings to 450,000.
MicroStrategy’s Michael Saylor hinted at another Bitcoin acquisition in a cryptic tweet that also seemed to reference President-elect Donald Trump’s inauguration.
“Things will be different tomorrow,” Saylor tweeted Sunday. The statement comes on the heels of MicroStrategy upping its Bitcoin (BTC) holdings to 450,000.
Things will be different tomorrow. pic.twitter.com/8Rmn1Jjgdr
Fred Thiel, CEO of Bitcoin mining company MARA Holdings, and his Vice President of Investor Relations Robert Samuels shared a similar sentiment.
The pair posed for a picture with Saylor at the so-called “Crypto Ball” on Jan. 17, an event that was held to commemorate the return of Trump, now a crypto convert, to the White House.
“Our team in partnership with [Saylor] met with the entire incoming cabinet of the Trump Administration. We are excited about the future of mining in the US,” Samuels said.
Will MicroStrategy add to its coffers?
The tweet, which was accompanied by a screenshot from Saylortracker, a platform that monitors MicroStrategy’s Bitcoin purchases, carries particular weight given Saylor’s recent pattern.
His last such hint on Jan. 12 was followed by a purchase the next day of 2,530 BTC at an average price of $95,972 for $243 million.
And with Trump expected to make crypto-friendly executive orders, MicroStrategy’s Bitcoin purchase strategy will likely bode well for the software strategy firm.
So far, the Tysons Corner, Virginia-based firm has inked several purchases since December 2024:
The company’s Bitcoin portfolio has generated an unrealized 67.7% return on investment, representing paper profits of $19.09 billion.
At last check on Sunday, Bitcoin is currently trading at over $106,000. See below.
If Saylor’s hint does turn into another purchase, it would further strengthen MicroStrategy’s position as the largest corporate holder of Bitcoin.
The company’s aggressive acquisition strategy has proven particularly profitable in recent months, with most purchases since December showing positive returns ranging from 7.35% to 11.18%.
This potential new purchase would follow MicroStrategy’s stated goal of continuing to acquire Bitcoin as part of its corporate treasury strategy.
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