As a seasoned analyst with over two decades of experience in the financial industry, I find myself in agreement with Samson Mow’s perspective. Having witnessed the meteoric rise and fall of various assets throughout my career, I can confidently say that Mow’s urgency to accumulate Bitcoin is not without merit. The strategy Michael Saylor has implemented at MicroStrategy serves as a testament to this, with their aggressive Bitcoin purchases since 2020.
As a crypto investor, I’m finding myself aligned with Samson Mow’s perspective – the renowned Bitcoin maximalist, ex-CSO at Blockstream, and current CEO of JAN3 among other ventures. He suggests that the window for amassing Bitcoin, often referred to as digital gold, may be narrowing swiftly.
Through a recent tweet, he pointed out the latest Bitcoin acquisitions by MicroStrategy, the company led by Michael Saylor, which he explained was the primary cause for their sudden amassing.
“Saylor is hitting the ATM hard,” Mow says
The JAN3 boss commented on several recent gigantic Bitcoin purchases announced by MicroStrategy, which has been accumulating BTC since 2020. Mow tweeted that “Saylor is hitting the ATM hard” since he is aware that “the window to accumulate Bitcoin is rapidly closing.” The abbreviation ATM here stands for “Accumulate, Time, Machine.”
Mow advises that individuals or small investors, who are considering purchasing Bitcoin, should consider being patient and acting promptly, as the price of Bitcoin could rise significantly. This increase might make it difficult for many people to afford buying it.
Saylor is aggressively using an ATM as he believes the opportunity to amass Bitcoin is swiftly diminishing, so it’s important to act quickly and prioritize future returns over immediate gratification.
— Samson Mow (@Excellion) December 17, 2024
As a researcher, I wholeheartedly endorse the approach taken by Saylor, as it significantly boosts the value for our shareholders. In essence, I am aligning myself with this strategy, saying, “I too would pursue this path, for this undeniably adds value to our shareholders.
Here’s when it’s too late to buy Bitcoin, per Mow
In a recent tweet, Mow discussed a widely-held idea suggesting that “Bitcoin is yet to reach its full potential.
In response to a tweet where someone mentioned their colleague inquired about whether it was too late to purchase Bitcoin, the boss of JAN3, named Mow, replied with: “If they’re asking now, it’s probably not too late yet.
In a remark, he pointed out that if Bitcoin were to replace or become an official equivalent of the U.S. dollar within the U.S., meaning transactions would be conducted using Satoshis instead of dollars, then it would no longer be feasible to buy Bitcoin at that point because utility bills and prices would be denominated in Satoshis: “It will be too late when your utility bill arrives and it’s stated in Satoshis.
It will be late when your utility bill arrives and it’s denominated in sats.
— Samson Mow (@Excellion) December 18, 2024
On various occasions this year, Samson Mow expressed his forecast that Bitcoin would surpass both its price and user adoption benchmark, following which people could only earn Bitcoin instead of purchasing it. Interestingly, this week, Bitcoin reached a fresh all-time high, exceeding $107,000.
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2024-12-18 16:39