#SaylorBTCPurchase
SaylorBTCPurchase
Saylor Returns to Buying: Are We Approaching a Price Explosion?
Michael Saylor, the founder of MicroStrategy and one of the most prominent supporters of Bitcoin, has once again stepped into the spotlight after his company announced the purchase of an additional 122 Bitcoins worth over 10.2 million dollars, at an average price of 83,000 dollars per piece.
This move, while seeming small compared to the company's holdings of over 214,000 BTC, carries a strong message:
Confidence continues... and more is coming.
Saylor does not view Bitcoin merely as a speculative asset, but as "digital gold" and a tool to hedge against inflation and the collapse of fiat currencies. Every purchase he makes is considered a public vote on the future of Bitcoin.