Michael Saylor posts Bitcoin tracker once again.
This ignites speculation over Strategy announcing another BTC purchase soon.
Saylor has made this move before, so a BTC buy announcement could follow tomorrow.
Michael Saylor posts Bitcoin Tracker once again, leading to speculation over a high possibility for Strategy to announce another BTC purchase soon. These expectations are high because Michael Saylor has played this move before, where he posted the Bitcoin Tracker on his social account, followed by an official Strategy purchase the next day. As always, Strategy and Michael Saylor continue to be the biggest BTC advocates in the space.
Michael Saylor Posts Bitcoin Tracker Once Again
As one of the biggest BTC accumulators this bull cycle and last, Strategy and Michael Saylor continue to beat expectations. So far, the philosophy of Bitcoin continues to fuel their BTC accumulation goals. This same move has rippled through several financial institutions that have all been relentlessly accumulating Bitcoin since the start of the ongoing bull cycle. While Saylor and Strategy seem to be leading the charge this bull cycle, BlackRock is soon catching up.
https://twitter.com/BitcoinMagazine/status/1936756741976260853
However, despite their dedicated BTC accumulation strategies, neither of these entities is anywhere close to El Salvador, the nation that began the accumulation race last bull cycle when its iconic President, Nayib Bukele, officially made Bitcoin a legal tender within its borders. This led to mass accumulation by the government and the distribution of $50 worth of BTC to its citizens via the Chivo Wallet.
Before BTC pumped last bull cycle, El Salvador was already mining BTC with the geothermal power of its volcanoes. Since then, the country has used its Bitcoin profits to heavily improve the lives of its citizens and its living standards, earning Bukele another term as the President. Even now, despite repeated efforts by the International Monetary Fund (IMF) to reduce El Salvador’s BTC accumulation, the nation continues to quietly buy and hold BTC.
Strategy Could Announce Another BTC Purchase Soon
To maintain the accumulation momentum, Michael Saylor and Strategy cannot afford to take a break from accumulating BTC, lest another entity steal its early start. So far, Saylor has adamantly encouraged several other reputed players to accumulate Bitcoin, including the US Government and Microsoft. He is well aware of BTC’s limited supply and aims to hold a large amount of it before other firms come to the same conclusion.
Saylor also expects the price of BTC to hit $1 million in the coming years, not too far from now. While the US is yet to start to bullishly accumulate BTC, Saylor intends to swipe as much as Strategy can manage. All in all, Saylor and Strategy continue to lead by example, and the crypto community is eager to see how much the firm will reveal to be its next BTC purchase.
