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😱🔥Michael Saylor Reveals Critical Bitcoin Comment as Bitcoin Price Recovers
it is trading in slightly negative territory and is priced at $63,700. However, we can say that the price of the main cryptocurrency has increased by almost 1% in the past week.
When we delve deeper into the #BTC price chart, we can see that Bitcoin has risen by 14.3% from the week's low of $ 56,552 to $ 64,734. This is a fairly solid result for an asset with a capitalization exceeding $ 1.25 trillion. CoinMarketCap from BTC to USD
In the midst of these market movements, #michaelsaylor one of the leading proponents of cryptocurrency, made an important statement titled "Bitcoin is Emerging". This statement, which is characteristic of Saylor's consistent support for cryptocurrency, marks a noteworthy moment in the ongoing narrative of Bitcoin.
MicroStrategy's macro steps
In addition to Saylor's statement, MicroStrategy, the company that Saylor heads, unveiled a new development known as MicroStrategy Orange earlier this week. Oct. This open-source decentralized identity protocol uses Bitcoin's Dedicated Witness capabilities to ensure efficient storage of DID-related data with minimal size and content restrictions.
"As long as other crypto assets fail, crypto users will switch to another crypto network: Bitcoin. Bitcoin will exist in the long run. It will also exist long after other brands have failed."
-@saylor #Bitcoin #BitcoinforCorporations— MicroStrategy (@MicroStrategy) May 2, 2024
Regarding MicroStrategy's Bitcoin assets, the company announced impressive numbers in its latest earnings report. With 214,400 BTC, the value of which exceeds $ 7.5 billion, the company continues to maintain its position as a major BTC holder.
October April, the company bought an additional 122 BTC for $ 7.8 million, increasing its assets and further strengthening its cryptocurrency reserves. Despite the 5% decrease in revenue year-on-year (a total of $115 million), MicroStrategy continues to focus on its Bitcoin-focused approach.
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