Michael Saylor, a prominent Bitcoin advocate and co-founder of Strategy, shared a post that sparked active discussions across the crypto community. In his message, he called on investors to 'fight for Bitcoin'.
Call to Fight for Bitcoin
Saylor posted a tweet featuring an AI-generated image of him styled as a boxer in a ring. He donned orange gloves and sat confidently before an upcoming fight. His message read, 'Sometimes you need to fight for Bitcoin.' CITE_NA
Company Strategy During Volatility
In light of Bitcoin's recent 2% price drop, Strategy confirmed the purchase of 10,100 BTC for approximately $1.05 billion. This transaction was completed while Bitcoin was trading at around $104,080, marking a significant step for the company during market retracts.
Overall Picture of Strategy's Assets
Strategy now holds a total of 592,000 BTC, with total expenditures amounting to $41.84 billion. Based on current pricing, these holdings are valued at over $63 billion. In its latest performance update, the company reported a year-to-date return of over 19% on its Bitcoin position.
Saylor's tweet and the recent Bitcoin purchase demonstrate Strategy's confidence in the digital asset despite market fluctuations. This further solidifies Saylor's place as one of the most influential voices in Bitcoin investment.
