In Bitcoin investing, Microstrategy's Michael Saylor stays a polarizing determine. In a single group, some observers criticize Saylor for his daring actions and controversial statements. Then we have now market insiders following his lead and appreciating his centered view on Bitcoin and crypto. However this Thanksgiving, most within the crypto trade will finally agree with Saylor as he shares his glowing message about Bitcoin.
In a Twitter/X submit, Saylor thanked Satoshi, then shared a photograph of himself consuming Thanksgiving dinner with a message: “Comfortable Thanksgiving.”
Michael Saylor is likely one of the most ardent supporters of Bitcoin and crypto and brazenly helps the digital asset even when others doubt it. He dedicated his perception in know-how and adopted a Bitcoin-first coverage for Microstrategy, which paid enormous dividends because the asset maintained its upward motion through the years.
Comfortable Thanksgiving 🧡 pic.twitter.com/XEnMhN5NyE
– Michael Saylor⚡️ (@saylor) November 28, 2024
This Thanksgiving, Saylor appreciates her favourite digital asset
Michael Saylor's ardour for Bitcoin is mirrored in his many enterprise choices and publications. The messages marking Thanksgiving this 12 months are not any exception. On November 28, Saylor shared a photograph of the lacking Satoshi sculpture from Lugano, Switzerland. In response to artist Valentina Picozzi, the Satoshi sculpture goals to attach individuals to Bitcoin.
Thanks, 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 notable in regards to the photograph is that it reveals Bitcoin cash, in addition to the primary course, which works completely with the event. Though the picture is AI-generated, we can’t deny Saylor's dedication to Bitcoin and what it could possibly do for the world.
Bitcoin market cap at the moment 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-focused funding coverage. The corporate at the moment holds 386,700 Bitcoins, roughly the equal of $36 billion. With these holdings and its intention to accumulate extra Bitcoins, Microstrategy is arguably the biggest firm holding this digital asset.
Microstrategy's method to Bitcoin has rubbed off on different corporations as nicely. For instance, Rumble introduced plans to transition its treasury technique to Bitcoin. In different nations, political leaders are asserting their coverage plans to undertake Bitcoin as a part of monetary techniques. In response to Michael Saylor, Microstrategy depends on its Bitcoin treasury operations, a coverage that dates again to August 2020.
Saylor and Microstrategy nonetheless face questions and challenges
In the meantime, Saylor's Bitcoin marketing campaign continues and he plans to convey Microsoft into the BTC motion. A number of days in the past, Saylor stated he had agreed to offer a three-minute presentation to Microsoft's board of administrators. It isn’t but clear whether or not Saylor satisfied the board to enter Bitcoin.
Despite the fact that Saylor's choices have benefited the corporate, he stays beneath fixed criticism. Some refute his controversial statements, and others say Saylor shouldn’t be serving to Bitcoin.
Featured picture of DALL-E, chart by TradingView