Bitcoin

‘Do not sell your Bitcoin,’ cautions Michael Saylor

MicroStrategy’s Saylor backs Bitcoin’s surge, urges holders to stay strong amidst rising value.

Ishika Kumari

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'Do not sell your Bitcoin,' cautions Michael Saylor

Amidst Bitcoin’s [BTC] remarkable surge, with its value surpassing the $63,000 mark and edging closer to its previous all-time high (ATH), Michael Saylor delivered a crucial message to the global BTC community. 

Seeing Bitcoin’s current price soaring to its historic peaks in April and November 2021, Saylor remarked, 

“You do not sell your Bitcoin.”

His message coincided with growing interest, fueled by major ETFs buying BTC, where he urged the BTC holders to stay strong amid market swings, emphasizing its long-term value. 

In a bold move to reinforce his message, Saylor took to X once more, sharing an animated GIF of himself sporting “laser eyes,” accompanied by the declaration,

“Laser Eyes until Bitcoin Arrives.” 

This visual statement underscored his unwavering commitment to Bitcoin’s long-term success.

MicroStrategy’s loyalty to Bitcoin 

Since August 2020, MicroStrategy, under Saylor’s leadership, has emerged as a significant player in the crypto space, steadily accumulating BTC. 

Just recently, the company made headlines with a substantial $155 million BTC acquisition, timed strategically before Bitcoin’s latest surge.

With the eagerly anticipated fourth Bitcoin halving event looming in April, anticipation is rife among influencers and industry insiders. 

Adding to the anticipation, Adam Back, a renowned cypherpunk and founder of Blockstream, who has historical ties to Bitcoin’s enigmatic creator Satoshi Nakamoto, also predicted,

“​​$100k by halving day. people starting to believe.” 

Thus, with Bitcoin’s trajectory gripping global investors, Saylor’s confidence and strategic moves highlight the changing cryptocurrency landscape and the promise of substantial gains ahead.

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