In Bitcoin investing, Microstrategy’s Michael Saylor stays a polarizing determine. In one group, a couple of observers criticize Saylor for his daring actions and controversial statements. Then, we now have market insiders who observe his lead and respect his laser-focused imaginative and prescient on Bitcoin and crypto. But this Thanksgiving, most within the crypto sector will lastly agree with Saylor as he shares his appreciative submit on Bitcoin.
In a Twitter/X submit, Saylor thanked Satoshi, then shared an image of himself having a Thanksgiving dinner with a message: “Happy Thanksgiving.”
Michael Saylor is likely one of the most vocal supporters of Bitcoin and crypto and overtly helps the digital asset even when others doubt it. He dedicated to his perception within the expertise and adopted a Bitcoin-first coverage for Microstrategy, which paid large dividends because the asset maintained its bullish motion through the years.
Happy Thanksgiving 🧡 pic.twitter.com/XEnMhN5NyE
— Michael Saylor⚡️ (@saylor) November 28, 2024
On Thanksgiving, Saylor Appreciates His Favorite Digital Asset
Michael Saylor’s ardour for Bitcoin is mirrored in his many enterprise choices and posts. The posts to mark this 12 months’s Thanksgiving should not an exemption. Last November twenty eighth, Saylor shared an image of the disappearing Satoshi sculpture of Lugano, Switzerland. According to the artist Valentina Picozzi, the Satoshi sculpture goals to attach folks to Bitcoin.
Thank You, Satoshi. pic.twitter.com/qLzRtikxKR
— Michael Saylor⚡️ (@saylor) November 28, 2024
On Thanksgiving day, Saylor additionally shared an AI-generated picture of himself sitting at a desk having fun with a luxurious Thanksgiving dinner. What’s noteworthy in regards to the image is that it reveals cash in Bitcoin, along with the primary dish, which completely blends with the ocassion. While the picture is AI-generated, we are able to’t deny Saylor’s dedication to Bitcoin and what it might probably do for the world.
Bitcoin market cap presently at $1.92 trillion. Chart: TradingView.com
BTC Milestones For Saylor And Microstrategy
Microstrategy is likely one of the first corporations to undertake a Bitcoin-first funding coverage. The firm presently holds 386,700 Bitcoins, roughly equal to $36 billion. With these holdings and plans to accumulate extra Bitcoins, Microstrategy is arguably the biggest company holder of this digital asset.
Microstrategy’s method to Bitcoin additionally rubbed off on different corporations. For instance, Rumble has introduced plans to rework its treasury technique into Bitcoin. In different international locations, political leaders are saying their coverage plans to undertake Bitcoin as a part of the monetary programs. According to Michael Saylor, Microstrategy is backed by its Bitcoin treasury operations, a coverage that dates again to August 2020.
Saylor And Microstrategy Still Face Questions & Challenges
Meanwhile, Saylor’s Bitcoin marketing campaign continues, and he plans to combine Microsoft into the BTC motion. A few days in the past, Saylor shared that he had agreed to make a three-minute presentation to the Microsoft board. There’s no phrase but on whether or not Saylor satisfied the board to get into Bitcoin.
While Saylor’s choices have benefitted the corporate, he’s nonetheless always criticized. Some disprove of his controversial statements, and others say that Saylor doesn’t assist Bitcoin.
Featured picture from DALL-E, chart from TradingView
