Bitcoin proponent Saylor made a supportive comment, stating: “It’s never too late to buy Bitcoin.”
The Coin Stories Bitcoin podcast host Natalie Brunell joined Michael Saylor, saying: “The ₿est is yet to come,” choosing the stylized “B” that signifies Bitcoin.
As of Nov. 24, MicroStrategy holds 386,700 BTC in total. This amount of the largest cryptocurrency is valued at $21.9 billion in total. Before that, MicroStrategy raised $2.6 billion in convertible senior notes to buy more BTC. This was the second multi-billion Bitcoin purchase performed by Saylor’s company this year — on Nov. 8, MicroStrategy stunned the global crypto community and the market by performing a $4.6 billion Bitcoin purchase.
Earlier this year, Saylor predicted that in ten years’ time, BTC will likely skyrocket to the $13,000,000 price level, reducing some of gold’s market capitalization.
Analysts believe that Bitcoin is falling now since traders are locking in profits after BTC reached a new all-time high right near the $100,000 price mark.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
