#SaylorBTCPurchase #SaylorBTCPurchase
Saylor Returns to Buying: Are We Close to 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, at an average price of $83,000 per coin.
This move, while seeming small compared to the company's holdings exceeding 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 hedge against inflation and the collapse of fiat currencies. Every purchase he makes is seen as a public vote on the future of Bitcoin.
The hashtag #SaylorBTCPurchase quickly topped social media, amidst significant engagement from investors, as some considered this signal as a precursor to a new rise, especially with Bitcoin approaching resistance levels at $90,000.
While others hesitate to buy at these prices, Saylor accumulates. And the real question is:
Are we repeating the 2021 scenario? Or are we facing an entirely new phase?