Michael Saylor: The Biggest Bitcoin Holder Will Win the Crypto Market
Strategy executive chairman Michael Saylor has vowed not to stop buying Bitcoin, saying the crypto market will be won by whoever accumulates the most of the first cryptocurrency.
Sailor posted a video generated by artificial intelligence (AI) to his 4.5 million followers. The neural network video shows Sailor racing a luxury car. The video includes a quote from the head of Strategy: “The winner is the one who collects the most bitcoins.”
Saylor wanted to show that in the future, it is the amount of bitcoin that investors own that will matter. Strategy continues to accumulate bitcoin despite the recent price correction, which has rolled back more than 10% from the all-time high of $124,457. Anyone who follows Strategy's example will achieve great success, the crypto enthusiast is sure.
Strategy currently holds 632,456 BTC, valued at $69 billion. That's the largest holding of any public company, and nearly 13 times larger than Bitcoin mining company Marathon Digital, which has 50,639 BTC worth $5.5 billion. Strategy is followed by Japanese company Metaplanet, which recently bought 1,009 BTC worth $112 million, bringing its BTC holdings to 20,000.
Recently, the head of Strategy called on investors to buy Bitcoin on the decline. The businessman believes that Bitcoin will not have long-term bearish trends, and the crypto winter will not come again.
Source: cryptonews.net
