news 
Michael Saylor, Elon Musk’s Bitcoin 2020 Discussion Flashback: Details
As the cryptocurrency market experiences a significant surge, recent developments have seen MicroStrategy’s CEO, Michael Saylor, and Elon Musk’s past discussion on Bitcoin regain attention. In December 2020, the two tech giants engaged in a Twitter conversation about the potential of Bitcoin, which has now become reality.
At the time, Saylor, who is known for his strong support for Bitcoin (BTC), shared a tweet discussing the asset’s price growth and its potential future. Musk responded by expressing his agreement with Saylor’s sentiments, stating that Bitcoin could potentially reach $100,000 in the future. This prediction has now become a reality as the market sees a significant increase.
Fast forward to today, it seems that both entrepreneurs’ predictions were correct, or at least partially so. On Monday, Saylor stated that MicroStrategy had purchased another 15,350 BTC, bringing its total holdings to an impressive 439,000. With this amount of Bitcoin valued at nearly $46 billion, it is clear that Saylor’s investment strategy has been highly profitable.
It is also noteworthy to mention that Tesla, led by Elon Musk, had already bought 11,509 BTC earlier this year. This amount currently holds a value of almost $1.18 billion, making the company’s Bitcoin holdings substantial and successful in financial terms.
Although the market has seen some correction over the past few days, many are still holding their breath as they await further developments.
Source: u.today
