Promising New Crypto to Buy After Michael Saylor Says Don’t Sell Bitcoin
‘Sell a kidney if you must, but keep the Bitcoin.’ This is what Michael Saylor, co-founder of MicroStrategy, wrote on X earlier today, offering a fat word of assurance amid all the panic selling going on. Another bit of positivity comes from Alex Krüger, a top economist, who says that Bitcoin’s current dump is very similar to the one in April 2024. The coin essentially went sideways for 3-4 months post April, testing the $53K level multiple times before finally making several rallies and eventually starting the climb to $100K in October-November. Krüger said that even if....
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Michael Saylor says that Bitcoin isn’t currency for spending, it’s ‘economic energy’ meant to be preserved for 100 years. The Strategy chairman’s thesis is simple: you don’t sell the winner to buy the losers. While this ‘Diamond Hand’ philosophy has shifted Bitcoin from speculative toy to treasury reserve asset, it creates a massive friction point: […]
Strategy’s CEO, Michael Saylor, has built a $7.37B fortune off of Bitcoin hoarding, cracking Bloomberg’s Billionaire 500 list, and sparking talks of a potential S&P 500 inclusion for the company. As Strategy keeps stacking Bitcoin, interest in Bitcoin Hyper ($HYPER) is growing, promising to be the key to faster and cheaper Bitcoin transactions. Saylor’s Bitcoin […]
In May, an alleged “insider” claimed that a group of Bitcoin Whales were trying to get a series of positions liquidated from a big player. Justin Sun, founder of blockchain TRON, and Michael Saylor, CEO of software company MicroStrategy, were the top 2 suspect targets. The rumor has extended as Saylor announced new BTC purchases […]
Michael Saylor is one of the most vocal supporters of bitcoin and is CEO of MicroStrategy, the company with the largest bitcoin holdings in the world. The CEO has always been a big proponent of the digital asset, taking both a personal and professional stake in the asset. Saylor had revealed in 2020 that he holds over 17,000 BTC. At this time, bitcoin was still trading below $30,000 and Saylor had said that he got all of his holdings for an average of $9,882. Bitcoin has since grown over 100% since the CEO made his big reveal, pushing the value of Saylor’s holdings to almost $1 billion.....
Michael Saylor said that in addition to 115,109 BTC, MicroStrategy could pledge ‘some other collateral’ if needed.