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Michael Saylor Predicts New High for Bitcoin

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by Giorgi Kostiuk

2 hours ago

Michael Saylor, executive chairman of Strategy BTC, shared his vision for Bitcoin's future on social media.

Saylor's Prediction

Saylor posted an AI-generated image of himself resembling a pioneer searching for new horizons. The caption reads: 'Beyond the Horizon,' where the 'B' symbolizes Bitcoin, similar to the dollar sign.

New Highs for Bitcoin

Bitcoin has already hit several all-time price highs this year, starting on January 20 and culminating in recent peaks in August. The latest high of $124,457 was recorded on August 14, with the current price at $112,247.

BTC Accumulation Strategy

Strategy continues to accumulate Bitcoin regardless of price fluctuations. This week, Saylor announced the purchase of 430 BTC worth $51 million, bringing the company's total holdings to 629,376 BTC, valued at over $70 billion.

Michael Saylor's insights highlight his confidence in Bitcoin's future and the ongoing accumulation of this asset despite market volatility.

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