Close Menu

    Subscribe to Updates

    What's Hot

    Behind the scenes at WhiteBIT’s epic live crypto trading showdown

    May 11, 2025

    Ethereum update goes live, Coinbase buys Deribit, Genius Act dead | Weekly Recap

    May 11, 2025

    What DOGE and Binance Coin whales are buying: Can Lightchain AI 100x?

    May 11, 2025
    Facebook X (Twitter) Instagram
    laicryptolaicrypto
    Demo
    • Ethereum
    • Crypto
    • Altcoins
    • Blockchain
    • Bitcoin
    • Lithosphere News Releases
    laicryptolaicrypto
    Home ‘Things will be different’ on Inauguration Day
    Crypto

    ‘Things will be different’ on Inauguration Day

    John SmithBy John SmithJanuary 19, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    MicroStrategy’s Michael Saylor has hinted at another Bitcoin acquisition in a cryptic tweet that also seemingly references 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.

    Fred Thiel, CEO of Bitcoin mining company MARA Holdings, and his Vice President of Investor Relations Robert Samuels share a similar sentiment.

    The pair posed for a picture with Saylor at the so-called “Crypto Ball” on Jan. 17, an event meant 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.

    Saylor expects 'things will be different' on Inauguration Day: Is another Bitcoin purchase in the works? - 1

    Will MicroStrategy add to its coffers?

    The tweet, 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 inked several purchases since December 2024:

    • January 13: 2,530 BTC at $95,972 ($243 million)
    • January 6: 1,070 BTC at $94,004 ($101 million)
    • December 30: 2,138 BTC at $97,837 ($209 million)
    • December 23: 5,262 BTC at $106,662 ($561 million)
    • December 16: 15,350 BTC at $100,386 ($1.5 billion)
    • December 9: 21,550 BTC at $98,783 ($2.1 billion)
    • December 2: 15,400 BTC at $95,976 ($1.5 billion)

    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.

    Saylor expects 'things will be different' on Inauguration Day: Is another Bitcoin purchase in the works? - 2
    Source: CoinGecko

    If Saylor’s hint turns 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.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    John Smith

    Related Posts

    Behind the scenes at WhiteBIT’s epic live crypto trading showdown

    May 11, 2025

    Ethereum update goes live, Coinbase buys Deribit, Genius Act dead | Weekly Recap

    May 11, 2025

    What DOGE and Binance Coin whales are buying: Can Lightchain AI 100x?

    May 11, 2025
    Leave A Reply Cancel Reply

    Demo
    Don't Miss
    Crypto

    Behind the scenes at WhiteBIT’s epic live crypto trading showdown

    By John SmithMay 11, 20250

    Max Hamaha outmaneuvered seven elite traders to win WhiteBIT’s inaugural 2025 International Crypto Trading Cup,…

    Ethereum update goes live, Coinbase buys Deribit, Genius Act dead | Weekly Recap

    May 11, 2025

    What DOGE and Binance Coin whales are buying: Can Lightchain AI 100x?

    May 11, 2025

    Trader Says Market Primed for Strong Reversal After Bullish Move – Here’s His Target for Ethereum and Altcoins

    May 11, 2025

    LAI Crypto is a user-friendly platform that empowers individuals to navigate the world of cryptocurrency trading and investment with ease and confidence.

    Our Posts
    • Altcoins (521)
    • Bitcoin (26)
    • Blockchain (119)
    • Crypto (7,411)
    • Ethereum (608)
    • Lithosphere News Releases (121)

    Subscribe to Updates

    • Twitter
    • Instagram
    • YouTube
    • LinkedIn

    Type above and press Enter to search. Press Esc to cancel.