CandleFocus

Michael Saylor Reacts With “Running Bitcoin” Post As BTC Approaches $60,000

MicroStrategy founder and executive chairman, Michael Saylor, shared a Bitcoin message on Twitter as the cryptocurrency showed signs of recovery and approached the $60,000 level. This came after MicroStrategy made a significant Bitcoin offer to investors. Saylor's tweet featured an image of a football player running wearing an orange uniform, representing Bitcoin, with the number 21 on his shirt to symbolize the limited supply of 21 million coins. Bitcoin has since demonstrated a 2.76% recovery, after experiencing a 4.55% decline earlier. MicroStrategy recently acquired 18,300 BTC worth $1.1 billion, bringing their total holdings to 244,800 BTC valued at approximately $14.68 billion. The company also announced another offering of convertible senior notes to raise $700 million to further invest in Bitcoin.

Related News