MicroStrategy’s Saylor Reacts to Bitcoin Skyrocketing Above $80K

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As a seasoned crypto investor with a knack for spotting trends and making profitable moves, I can confidently say that Bitcoin reaching an all-time high of $80,772 is nothing short of exhilarating. My journey into this digital gold rush started way back when the price of one BTC was mere pennies, and witnessing its meteoric rise has been a rollercoaster ride like no other.

On the Bitstamp trading platform, Bitcoin, the foremost digital currency by market value, hit a new record peak of $80,772.

The leading cryptocurrency has surged by nearly 6% over the past 24 hours. 

Previously, the CEO of MicroStrategy, Michael Saylor, has shared a song titled “There Is No Second Best” by artist Lil Bubble on his social media platform, in response to the latest achievement in cryptocurrency.

The famous slogan that sparked the song is now four years old. It originated from Saylor, who expressed his strong support for Bitcoin maximalism in one of his videos.

After a significant increase in Bitcoin’s price, the overall worth of MicroStrategy’s Bitcoin assets currently exceeds an astounding $20.3 billion.

Some other firms, such as the mining titan Marathon Digital, have followed MicroStrategy’s blueprint in their strategies.

Following Bitcoin reaching an all-time high of $80,000 today, Marathon Digital CEO Peter Thiel playfully ridiculed German officials after they sold a large quantity of Bitcoin earlier this year. He calculated that the German government could have earned approximately $1.3 billion in profits if they had chosen to keep their coins instead.

Given that Bitcoin reached an all-time high of approximately $80,000 today, it’s intriguing to consider the thoughts of German officials who sold nearly 50,000 Bitcoins for around $53,000 per BTC in July. This sale is roughly equivalent to a missed opportunity of about $1.3 billion,” Thiel posted on social media.

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2024-11-10 21:25