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Michael Saylor, a strong advocate for Bitcoin, shared his insights on BTC's recent milestone of reaching $100K. Here's what you need to know:
Key Takeaways:
- Saylor believes Bitcoin's $100K milestone sends a message that it's here to stay.
- He attributes BTC's surge to the 2024 US presidential election and increasing institutional adoption.
- MicroStrategy, Saylor's company, has acquired an additional 21,550 Bitcoins, bringing its total holdings to 423,650 BTC.
- Saylor remains committed to buying Bitcoin, regardless of short-term fluctuations, with a focus on long-term value.
Market Analysis:
Bitcoin's price has continued its upward trajectory, trading at $100,378.15, with a minor 0.02% increase over the past 24 hours. MicroStrategy's stock, however, faced a decline of 4.67%, closing at $392.19. 1 reply
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