Strategy Doubles Bitcoin Holdings to 628,791 Since Trump Election
Strategy Doubles Bitcoin Holdings to 628,791 Since Trump Election

Strategy Doubles Bitcoin Holdings to 628,791 Since Trump Election

News summary

Since President Donald Trump's return to the White House in November 2024, Strategy (formerly MicroStrategy) has more than doubled its Bitcoin holdings, accumulating over 376,000 BTC for a total of 628,791 tokens valued at around $72.2 billion. This aggressive accumulation aligns with Trump's rollback of previous crypto crackdowns and the introduction of pro-crypto policies, prompting Strategy to make some of its largest-ever purchases, including a recent $2.46 billion buy of 21,021 BTC. Despite a short-term dip in Bitcoin's price, Chairman Michael Saylor remains firmly committed to a long-term vision, describing Bitcoin as "digital capital" and emphasizing that holding fiat currency is akin to financial self-sabotage. Strategy's stock has also benefited, rising approximately 33% since Trump's second term began, reflecting both Bitcoin appreciation and reinvested dividends. Saylor envisions holding Bitcoin for around 21 years and continues to fund acquisitions through stock offerings, while expressing cautious interest in altcoins like the TON ecosystem but maintaining a strong Bitcoin maximalist stance. Overall, Strategy's bold moves underscore its confidence in Bitcoin's future amid a more favorable regulatory environment under President Trump.

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Last Updated
16 days ago
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