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Trump Might Order A 200K BTC Buy Order In January 2025<\/span><\/h2>\nThe jump in BTC’s price follows a podcast <\/span>interview<\/span><\/a> between Strike CEO Jack Mallers and YouTuber Tim Pool. During the interview, the Strike CEO said the incoming US President might act on provisions called the “Dollar Stabilization Act,” which grants him considerable authority to protect the US Dollar.<\/span><\/p>\nMallers predicted that <\/span>Trump<\/span><\/a> will issue an executive order to purchase Bitcoin to build the strategic reserve to combat ballooning debt in the US. Mallers then noted that the purchase “wouldn’t be the size and scale of 1 million coins,” but still speculated that the buy would be a “significant position.”<\/span><\/p>\nThis potential executive order could lead to the US buying 200K Bitcoins, which is in line with the Bitcoin Act of 2024 introduced by pro-crypto Senator Cynthia Lummis earlier this year. The act proposes that the US Treasury and Federal Reserve buy 200K BTC every year for 5 years, totaling 1 million BTC or 5% of the crypto’s total supply of 21 million coins.<\/span><\/p>\nSaylor Hints At Additional Bitcoin Purchases Above $100K<\/span><\/h2>\nMeanwhile, there are some indications that Michael Saylor’s MicroStrategy may have purchased more Bitcoin over the weekend. In a Dec. 15 X post, Saylor asked whether <\/span>SaylorTracker<\/span><\/a> was “missing a green dot,” which suggests a recent purchase by MicroStrategy has not been recorded yet.<\/span><\/p>\n\nIs https:\/\/t.co\/Bx3917zMqi<\/a> missing a green dot? pic.twitter.com\/B3Zzd6M1uV<\/a><\/p>\n— Michael Saylor⚡️ (@saylor) December 15, 2024<\/a><\/p><\/blockquote>\n
Mallers predicted that <\/span>Trump<\/span><\/a> will issue an executive order to purchase Bitcoin to build the strategic reserve to combat ballooning debt in the US. Mallers then noted that the purchase “wouldn’t be the size and scale of 1 million coins,” but still speculated that the buy would be a “significant position.”<\/span><\/p>\n This potential executive order could lead to the US buying 200K Bitcoins, which is in line with the Bitcoin Act of 2024 introduced by pro-crypto Senator Cynthia Lummis earlier this year. The act proposes that the US Treasury and Federal Reserve buy 200K BTC every year for 5 years, totaling 1 million BTC or 5% of the crypto’s total supply of 21 million coins.<\/span><\/p>\n Meanwhile, there are some indications that Michael Saylor’s MicroStrategy may have purchased more Bitcoin over the weekend. In a Dec. 15 X post, Saylor asked whether <\/span>SaylorTracker<\/span><\/a> was “missing a green dot,” which suggests a recent purchase by MicroStrategy has not been recorded yet.<\/span><\/p>\n Is https:\/\/t.co\/Bx3917zMqi<\/a> missing a green dot? pic.twitter.com\/B3Zzd6M1uV<\/a><\/p>\n — Michael Saylor⚡️ (@saylor) December 15, 2024<\/a><\/p><\/blockquote>\nSaylor Hints At Additional Bitcoin Purchases Above $100K<\/span><\/h2>\n
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