Bitcoin
Bitcoiner Michael Saylor’s Call to Action as Bitcoin (BTC) Trades Above $71,100
Yuri Molchan
Noted Bitcoin Evangelist Saylor Issues Bullish BTC Call to Address Global Community
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Michael Saylorfounder and executive chairman of giant MicroStrategy, turned to social media network X (formerly known as Twitter) to send a Bitcoin-themed message to the global BTC community.
He published his tweet as the world’s top cryptocurrency struggles to stay above the $71,000 level it lost and then recovered in recent days.
Michael Saylor’s Bullish Bitcoin Call
MicroStrategy is the only company that has regularly purchased Bitcoin since August 2020 and spoken publicly about it. Furthermore, in recent years, it has been raising funds from investors to buy even more BTC. As of now, the company holds 214,400 Bitcoins on its balance sheet, and this value is valued at approximately $7.538 billion. Saylor’s company continues to accumulate more BTC.
As his company adopted this Bitcoin purchasing strategy, Saylor began publishing several short daily tweets about BTC accompanied by AI-generated images. The tweet posted by Saylor today contained just one word, but it seemed like an optimistic plea to the Bitcoin community: “HODL.”
At the time of writing, Bitcoin is changing hands at close to $71,500.
Robert Kiyosaki: Bitcoin will reach US$350,000 in August
Earlier today, prominent investor and “Rich Dad Poor Dad” author Robert Kiyosaki tweeted a mega-optimistic Bitcoin price prediction. The investor and businessman stated in his post that he expects Bitcoin to soar as high as $350,000 level until August 25th this year.
He stressed, however, that he wants this prediction to be true and that it is “just a prediction”, further clarifying that he actually expects Bitcoin to reach $350,000 – if not in August, then only at some point this year. He also revealed that he continues to hold not only more Bitcoin, but also more Ethereum and Solana.
The reason he bought these altcoins is not because he believes in their huge potential, he said, but because he doesn’t trust the US government, the Fed and its fiscal policies. Crypto trader and analyst Willy Woo found that this target is unlikely to happen this year. He wrote: “I suppose if you have 2.2 trillion dollars left to buy BTC before August 25th, I think you could make it happen.”
About the author
Yuri Molchan
Yuri is interested in technology and technical innovations. He has been writing about DLT and cryptography since 2017. He believes that blockchain and cryptocurrencies have the potential to transform the world in the future in many of its aspects. He has written for several crypto media outlets. Articles of his have been cited by crypto influencers like Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.