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Michael Saylor Posts about Bitcoin, Reinforcing MicroStrategy's Strategy

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by Giorgi Kostiuk

6 hours ago


Michael Saylor, CEO of MicroStrategy, has once again reaffirmed his commitment to Bitcoin with a cryptic post on social media.

Saylor's Post and Its Significance

Saylor shared a tweet featuring a picture of a surfboard with the words: 'Get On Board'. The image included a surfboard branded with the Bitcoin logo, highlighting his ongoing support for Bitcoin and the company's strategy.

MicroStrategy's Strategy and Its Results

MicroStrategy currently holds 538,200 BTC, worth over $50 billion at current prices. The company's market cap has reached $94 billion, reflecting significant investments in Bitcoin that underscore Saylor's commitment to the cryptocurrency.

Current Bitcoin Market Situation

In recent months, MicroStrategy's stock has risen by 162%, though the stock price has dropped by 6% in the last three months. Bitcoin, which previously reached high levels, is currently trading just below $93,000. Investors are exercising caution, waiting for clearer market signals.

Michael Saylor's post serves as yet another confirmation of his Bitcoin strategy, while MicroStrategy continues to be one of the largest holders of this cryptocurrency.

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