Michael Saylor, Bitcoin evangelist and founder and president of business intelligence giant MicroStrategy, has issued an important statement on Bitcoin.
Michael Saylor, Bitcoin evangelist and founder and president of business intelligence giant MicroStrategy, has issued an important statement on Bitcoin.
Saylor’s statement came as the asset’s price showed a slight drop of more than 4%.
Saylor makes bullish statement on Bitcoin
The MicroStrategy founder tweeted “Think Better,” where the “B” looks like a Bitcoin logo. It was followed by another more recent tweet, which said “Enjoy Bitcoin.”
Before that, he issued bullish advice for Bitcoin: “run with the bulls.” This message from the BTC evangelist came after the world’s leading cryptocurrency saw a small drop of 4.15% in the last two days.
Bitcoin left the $65,177 level behind, falling to the $62,550 price line after the recent impressive 10% growth that BTC made over the weekend. That price surge was driven by the Grayscale Spot BTC ETF, GBTC, which received the first inflow since the ETF’s launch in January of this year. During all that time, GBTC had only faced regular and stable Bitcoin withdrawals until last Friday.
Saylor’s BTC Statement on Berkshire Hathaway
On Saturday, the MicroStrategy founder posted advice from Berkshire Hathaway CEO and investing legend Warren Buffett.
Saylor tweeted that “Bitcoin is hope” for Berkshire Hathaway. This tweet was posted after Buffett’s company’s first shareholder meeting this year. It was the first meeting to take place without Buffett’s right-hand man and company vice president, Charlie Munger. He passed away in November of last year, just a month before his 100th birthday.
Buffett is, like Munger, known for being a persistent critic of Bitcoin, calling it “rat poison squared” during a shareholder meeting in 2018.
Currently, Berkshire Hathaway’s market capitalization comprises $862.05 billion, while the same metric for Bitcoin shows $1,230,111,456,988.
