Breaking News: The “Saylor” Strategy Continues
In a move that has polarized Wall Street, Strategy Inc. (formerly MicroStrategy) announced yesterday, January 26, that it has acquired an additional 2,932 Bitcoin for approximately $264 million. This brings their total holdings to a staggering 712,647 BTC.
Market Tension: Indecision at $88,250
Despite the massive corporate buy-in, Bitcoin has struggled to hold gains above $88,250.
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CME Futures Influence: The market saw a brief 2% rally alongside the CME futures open, but the bullish momentum faded as “risk-off” sentiment lifted precious metals (Gold recently topped $5,000/oz).
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Corporate Risk: While Strategy Inc. remains the world’s largest corporate holder, critics point to the company’s stock volatility—which has seen significant fluctuations since July—as a warning sign of over-leveraged crypto exposure.
The GCHAM Conclusion
The current market is in a “wait-and-see” mode. With Bitcoin range-bound near $90,000, the next major move will likely depend on the finalized U.S. regulatory framework and the pace of institutional ETF inflows.