Company Strategy, led by Michael Saylor, has announced a significant increase in its Bitcoin holdings, highlighting its confidence in the future of this cryptocurrency.
Bitcoin Acquisition by Strategy
Strategy has acquired 4,225 BTC worth approximately $472.5 million, increasing the company's total Bitcoin holdings to 601,550 BTC. The current value of all Strategy's Bitcoin assets is around $73.2 billion.
Michael Saylor's Optimism
In a discussion on X, Michael Saylor expressed his belief that "Bitcoin is going up forever," reaffirming his bullish stance on the asset. He challenged traders who dislike Bitcoin to short it, claiming that they would essentially be shorting money.
Robert Kiyosaki's Investments in Bitcoin
Investor and author Robert Kiyosaki also commented on the significant increase in Bitcoin's value. He plans to buy one more Bitcoin and will continue purchasing until he understands the direction of the US economy.
The acquisition of Bitcoin by Strategy, along with Michael Saylor's optimism and Robert Kiyosaki's investments, underscores the growing confidence in the cryptocurrency market despite current economic instabilities.