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Michael Saylor Announces $299 Million ‘Bitcoin Gift’ to MSTR Holders
In a stunning move, MicroStrategy CEO Michael Saylor has just announced that his company will be gifting nearly $300 million worth of Bitcoin to its holders. This monumental decision is set to benefit the shareholders and investors in MicroStrategy’s common stock.
As part of this extraordinary gesture, approximately 2,767 Bitcoins will be distributed among MSTR holders. The value of this massive “gift” amounts to a staggering $299 million. This move comes as no surprise given the company’s unwavering commitment to Bitcoin adoption.
In a recent tweet, Michael Saylor defended his company’s Bitcoin accumulation strategy, stating that if you do not buy BTC at the top, you “leave money on the table.” It appears that he has taken this philosophy to heart, demonstrating remarkable conviction in the long-term potential of the world’s most popular cryptocurrency.
By gifting such an enormous amount of Bitcoin to its shareholders, MicroStrategy is reaffirming its dedication to the success of its investors. The sheer magnitude of this gift speaks volumes about the company’s confidence in the resilience and growth prospects of the crypto market.
In conclusion, Michael Saylor’s announcement is a bold and unprecedented step that has sent shockwaves throughout the cryptocurrency community.
Source: u.today
