Michael Saylor confirmed that he is only open to making Bitcoin strong at any cost & also grabbing the opportunities by buying it at any cost.
Michael Saylor is chairman & former CEO of business intelligence firm Microstrategy, a Nasdaq-listed public company that is popular for its big Bitcoin holdings. Saylor always remains active across social media platforms to promote & talk about Bitcoin.
On 5 Jan 2024, Michael Saylor hinted that Microstrategy is going to buy another big stake in Bitcoin.
Currently, this company is holding a net 446,400 BTC and standing with a net unrealised gain of $15.8 billion.
Just a day ago, Saylor also confirmed that his company is planning to raise $2 billion through public offerings of perpetual preferred stock, within the first quarter of 2025. However, Saylor failed to mention anything about Bitcoin regarding the targeted fundraising, but it’s expected that the company will use those funds to buy Bitcoin.
Saylor becomes Bitcoin superbull
Over the last 7 days, Saylor talked about multiple things about Bitcoin, but in particular, his two statements are getting viral.
First, he said that when the Bitcoin price hits $1 million per BTC, he will buy $1 billion worth of Bitcoin in a single day. He indirectly indicated that he is always open to buying Bitcoin, regardless of the cost.
In a recent statement, Saylor said that he had intended to destroy his Bitcoin private key when he passed away. He said that it would be a contribution to the whole Bitcoin community.
Read also: Volatility in Bitcoin & Crypto prices is a big concern! But Still, Institutional players turning to this sector
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