Michael Saylor, founder and CEO of the giant MicroStrategy, took to social network X (formerly known as Twitter) to send a Bitcoin-themed message to the global BTC community.
Michael Saylor, founder and CEO of the giant MicroStrategy, took to social network X (formerly known as Twitter) to send a Bitcoin-themed message to the global BTC community.
He posted his tweet as the world’s leading cryptocurrency struggles to stay above the $71,000 level, which it lost and then recovered in recent days.
Michael Saylor’s Bitcoin Bullish Call
MicroStrategy is the only company that buys Bitcoin regularly since August 2020 and speaks publicly about it. Additionally, in recent years, it has been raising funds from investors to purchase even more BTC. As of today, the company has 214,400 Bitcoins on its balance sheet, and this amount is valued at approximately $7,538 million. Saylor’s company continues to accumulate more BTC.
When his company adopted this Bitcoin purchasing strategy, Saylor began posting several short daily tweets about BTC accompanied by AI-generated images. The tweet posted today by Saylor contained only one word, but seemed like a bullish call to the Bitcoin community: “HODL.”
At the time of writing, Bitcoin is changing hands at around $71,500.
Robert Kiyosaki: Bitcoin will reach $350,000 in August
Earlier today, prominent investor and author of the book “Rich Dad, Poor Dad,” Robert Kiyosaki, tweeted a mega-bullish Bitcoin price prediction. The investor and businessman stated in his post that he expects Bitcoin to skyrocket to the $350,000 level by August 25 of this year.
However, he stressed that he wants this prediction to be true and that it is “just a prediction,” and further clarified that he expects Bitcoin to reach $350,000, if not in August, then at some point this year. He also revealed that he continues to own not only more Bitcoin but also more Ethereum and Solana.
The reason he buys those altcoins is not because he believes in their enormous potential, he said, but because he does not trust the US government, the Federal Reserve and its fiscal policies. Cryptocurrency trader and analyst Willy Woo considered that goal unlikely to be met this year. He wrote: “I guess if you have an extra $2.2 trillion to buy BTC before August 25, I guess you could make it happen.”