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Michael Saylor Reveals Competitive Rush for Daily Bitcoin Production
In a tweet, the founder and executive chairman of MicroStrategy, Michael Saylor, shed light on the intense competition surrounding daily Bitcoin mining. The staggering figure highlighted by Saylor is that it appears to be worth a whopping $100 million in 24 hours.
The revelation underscores the immense scale at which institutional investors are buying and selling large quantities of Bitcoin, further fueling market volatility.
Source: cryptonewsland.com
