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Jakarta, Pintu News – Amid heightened geopolitical tensions between the United States and Iran, Michael Saylor, founder of MicroStrategy, is showing strong signals that there will be massive Bitcoin (BTC) buying.
Despite the downturn in the crypto market, Saylor remains optimistic about the long-term prospects of Bitcoin (BTC). This is evident from his habit of sharing the MicroStrategy portfolio tracker on X before announcing Bitcoin (BTC) purchases.
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Michael Saylor, known for his aggressive investment strategy in Bitcoin (BTC), is back in the spotlight. By sharing MicroStrategy’s portfolio tracker on social media, Saylor signaled that a Bitcoin (BTC) buyout is imminent. This is a sign that always appears 24 hours before the announcement of a Bitcoin (BTC) buyout by MicroStrategy.
With this strategy, MicroStrategy has been buying Bitcoin (BTC) for 10 consecutive weeks. The last purchase made by MicroStrategy was for 10,100 Bitcoin (BTC) with a value of $1.05 billion. This purchase marks the 10th week of a continuous series of purchases.
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If MicroStrategy continues buying this week, they will be getting closer to their longest buying record which is 12 weeks. With enough cash and the ability to raise funds, it’s no surprise that MicroStrategy will break the previous record.
The crisis in the Middle East doesn’t seem to have shaken Michael Saylor’s faith in Bitcoin (BTC). Although the US-Iran conflict has caused the price of Bitcoin (BTC) to drop to $101K, Saylor remains optimistic. This drop brings Bitcoin (BTC) close to a price below $100K for the first time in over a month.
However, Saylor remains confident that Bitcoin (BTC) has bright prospects in the future. Saylor has even predicted that the price of Bitcoin (BTC) could reach $21 million per unit by 2046.
This prediction is supported by some other big names in the industry, such as Arthur Hayes and Robert Kiyosaki, who predict that Bitcoin (BTC) could reach $1 million in the near future. Although the global crypto market lost more than $300 billion, institutional investors continue to fuel the Bitcoin (BTC) price rally.
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The purchase of Bitcoin (BTC) by large companies such as MicroStrategy shows great confidence in this digital asset. Despite global uncertainty, these companies continue to add to their Bitcoin (BTC) assets. MicroStrategy currently owns 592,100 Bitcoin (BTC) valued at $60.85 billion.
A further purchase of 7,900 Bitcoin (BTC) will take their total holdings past 600,000 Bitcoin (BTC). MicroStrategy’s ability to continue buying large amounts of Bitcoin (BTC) demonstrates its financial strength and long-term commitment to the crypto asset.
While the market may experience fluctuations, long-term strategies like the one implemented by Saylor can yield significant results. It shows that even in the midst of uncertainty, there are opportunities for growth and adaptation.
Michael Saylor’s resilience in the face of geopolitical crises and volatile crypto markets shows his long-term vision for Bitcoin (BTC). By continuing to make large purchases, Saylor and MicroStrategy set an example of how large investors can influence the market. Despite the risks, the courage to stay invested could be the key to success in crypto investing.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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