Michael Saylor, founder of Strategy, made a prediction regarding the euro's future, suggesting Bitcoin could become a vital support.
Michael Saylor's Prediction
Michael Saylor, a vocal Bitcoin advocate, shared his view that the euro might face challenges, suggesting Bitcoin could be an alternative. In his tweet, he wrote: “EUR gonna need BTC,” which sparked mixed reactions within the community.
US Strategic Bitcoin Reserve
Saylor also hints at creating a Strategic Bitcoin Reserve, inspired by the USA, where a recent executive order was signed to establish it. However, the government has no immediate BTC purchasing plans. Currently, the US holds over 199,000 Bitcoins, confiscated from various illicit activities.
Strategies for Bitcoin Accumulation
Saylor's company, Strategy, recently launched a new offering for institutional and noninstitutional investors, including Strife (STRF), aimed at accumulating more Bitcoin. Their plan involves purchasing $21 billion worth of BTC in the coming years.
Michael Saylor continues to emphasize his belief in Bitcoin, suggesting it could address the euro's economic challenges.
