Many prominent figures have shifted from opposing cryptocurrencies, especially Bitcoin $95,682, to becoming staunch maximalists. Among the most notable are Michael Saylor and Donald Trump. Saylor has equated his company’s destiny with Bitcoin, amassing billions in wealth and actively pursuing further investments.
Saylor’s Bitcoin Strategy
Michael Saylor, who even renamed his company to Strategy, insists that he will continue to accumulate BTC ($95,814.23). His goal is to acquire as much Bitcoin as possible, regardless of market fluctuations. To facilitate more purchases, he is issuing additional debt while diligently avoiding the liquidation price risks he faced in the past.
Following a recent acquisition, Saylor has indicated plans for further purchases. On February 10, he bought 7,633 BTC at a cost of $742 million, bringing his company’s reserves nearly to half a million. Currently, the holdings stand at 478,740 BTC, a significant figure considering the maximum supply …