#SaylorBTCPurchase
Saylor Returns to Buying: Are We Approaching a Price Explosion?
Michael Saylor, founder of MicroStrategy and one of the most prominent Bitcoin supporters, is back in 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 coin.
This move, although it seems small compared to the company's holdings of over 214,000 BTC, carries a strong message:
Confidence remains… and more is coming.
Saylor does not treat 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.
The hashtag #SaylorBTCPurchase quickly topped social media, amid significant engagement from investors, with some considering this signal as a precursor to a new rise, especially with Bitcoin approaching resistance levels at 90,000 dollars.
