In Bitcoin investing, Microstrategy’s Michael Saylor stays a polarizing determine. In a single group, just a few observers criticize Saylor for his daring actions and controversial statements. Then, we’ve market insiders who comply with his lead and admire his laser-focused imaginative and prescient on Bitcoin and crypto. However 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 without doubt one of the most vocal supporters of Bitcoin and crypto and brazenly helps the digital asset even when others doubt it. He dedicated to his perception within the know-how and adopted a Bitcoin-first coverage for Microstrategy, which paid large dividends because the asset maintained its bullish motion over time.
Completely satisfied Thanksgiving 🧡 pic.twitter.com/XEnMhN5NyE
— Michael Saylor⚡️ (@saylor) November 28, 2024
On Thanksgiving, Saylor Appreciates His Favourite Digital Asset
Michael Saylor’s ardour for Bitcoin is mirrored in his many enterprise choices and posts. The posts to mark this yr’s Thanksgiving usually are not an exemption. Final November twenty eighth, Saylor shared an image of the disappearing Satoshi sculpture of Lugano, Switzerland. In accordance with the artist Valentina Picozzi, the Satoshi sculpture goals to attach individuals 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 concerning the image is that it exhibits cash in Bitcoin, along with the primary dish, which completely blends with the ocassion. Whereas the picture is AI-generated, we will’t deny Saylor’s dedication to Bitcoin and what it may possibly do for the world.
Bitcoin market cap presently at $1.92 trillion. Chart: TradingView.com
BTC Milestones For Saylor And Microstrategy
Microstrategy is without doubt one of the first firms to undertake a Bitcoin-first funding coverage. The corporate 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 strategy to Bitcoin additionally rubbed off on different firms. For instance, Rumble has introduced plans to rework its treasury technique into Bitcoin. In different nations, political leaders are saying their coverage plans to undertake Bitcoin as a part of the monetary programs. In accordance with Michael Saylor, Microstrategy is backed by its Bitcoin treasury operations, a coverage that dates again to August 2020.
Saylor And Microstrategy Nonetheless Face Questions & Challenges
In the meantime, Saylor’s Bitcoin marketing campaign continues, and he plans to combine Microsoft into the BTC motion. Just 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.
Whereas Saylor’s choices have benefitted the corporate, he’s nonetheless continually criticized. Some disprove of his controversial statements, and others say that Saylor doesn’t assist Bitcoin.
Featured picture from DALL-E, chart from TradingView
