The Strategy CEO’s latest Bitcoin acquisition strengthens his position, but the long-term influence of his $81 trillion plan remains uncertain
Bitcoin’s price dipped 8% on Monday to around $88,000 despite Strategy CEO Michael Saylor’s announcement of a BTC purchase worth nearly $2 billion.
The business intelligence software firm’s CEO confirmed the purchase of 20,356 Bitcoin via an X post, stating: “We hold 499,096 $BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin.” This latest buy adds to Saylor and Strategy’s ongoing accumulation, which began in 2020.
Despite Saylor’s ambitious Bitcoin buying spree, BTC’s price has faced mounting pressure, slipping in the last 24 hours to levels not seen since November 2024.
Analysts are attributing the drop to a combination of broader market uncertainty, including concerns about security breaches like the recent Bybit hack, and ongoing bearish technical signals.
Saylor’s $81 Trillion Bitcoin Reserve to Secure U.S. Financial Future
While Saylor’s Bitcoin purchasing strategy positions Strategy as the largest corporate Bitcoin holder, his vision extends far beyond corporate acquisitions.
Most notably, Saylor recently outlined a plan to establish a national Bitcoin reserve that could generate as much as $81 trillion for the U.S. Treasury.
This reserve aims to help alleviate the country’s $36.2 trillion national debt by securing a portion of Bitcoin’s total supply for the U.S. government.
To discuss his vision, Saylor met last Friday with the U.S. Securities and Exchange Commission’s newly-formed Crypto Task Force, as reported on X by Fox Business reporter Eleanor Terrett.
The meeting focused on token taxonomy and the classification of digital assets, aligning with ongoing regulatory discussions on defining cryptocurrencies.
Terrett also shared Saylor’s X post about his Digital Asset Framework proposal that he first introduced in December 2024.
Saylor argues that such a reserve would not only help address the U.S. debt crisis, but could also strengthen the U.S. dollar’s position in the digital age, serving as a long-term hedge against inflation.
Although Saylor’s strategy has earned praise from some Bitcoin advocates, the asset’s recent price action, coupled with the 8% drop, suggests that investors are hesitant to place significant bets on Saylor’s proposed reserve plan.
With Bitcoin still vulnerable to macroeconomic forces and regulatory uncertainty, whether the CEO’s $81 trillion vision will gain traction remains to be seen.
