MicroStrategy ( NASDAQ:MSTR ) isn't just stacking Bitcoin ( BTC-USD ), it's going all in. With Michael Saylor at the helm, the company now holds 461,000 BTC, valued at $48.4 billion, surpassing even the U.S. government's Bitcoin reserves, according to SaylorTracker.
Despite Bitcoin hovering around $104,000 and facing a recent pullback, MicroStrategy sits on an unrealized gain of over $19 billion, a staggering lead in the crypto world. Saylor has made it clear: MicroStrategy isn't slowing down. The company continues to scoop up Bitcoin, doubling down on its long-term bullish stance. But while the market watches MicroStrategy's bold moves, President Trump's latest executive order is shaking things up.
The newly formed President's Working Group on Digital Asset Markets, chaired by David Sacks, is exploring a national digital asset stockpile, sending ripples through the crypto community. Bitcoin supporters like Max Keiser fear this could dilute BTC's dominance, while Ripple (XRP) CEO Brad Garlinghouse confirmed lobbying efforts to include multiple digital assets, adding more intrigue to the evolving debate.
At the time of writing, Bitcoin dropped 5.42% to $99,187 at 07:35:08 ET
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