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‘Bitcoin to the Moon and Beyond!’ – Michael Saylor Embracing the Incredible Run
In a remarkable turn of events, the price of Bitcoin has skyrocketed beyond $106,000, prompting enthusiastic reactions from enthusiasts. Joining the chorus is none other than Michael Saylor, co-founder and Executive Chairman of MicroStrategy, a publicly-traded firm with a significant holding of BTC in its treasury.
Saylor took to social media to express his optimism about the future of the asset he believes has tremendous long-term potential. In an image post, he appears as an astronaut planting the Bitcoin flag on the moon, accompanied by the caption: “I will see you on the moon. #Bitcoin.” The response from the community was overwhelmingly positive, with many members echoing their excitement and bullish sentiments.
Saylor’s enthusiasm comes as no surprise, given his company’s aggressive adoption of the cryptocurrency. Since 2020, MicroStrategy has been purchasing Bitcoin, and Saylor has consistently expressed his confidence in its potential to soar even higher. He has, in fact, stated that he is more than willing to continue buying the asset at $1 million.
The current price surge can be attributed to a combination of factors, including the possibility of Bitcoin being recognized as a reserve asset by the government and the increasing adoption of cryptocurrencies like Bitcoin.
Source: zycrypto.com