MicroStrategy: Michael Saylor will start pump Cryptocurrency | Bitcoin Price Prediction | BTC News

SPEAKER: Michael J. Saylor
Chairman and CEO, MicroStrategy

Bitcoin current price is $20,925.00 -1.75% (24hrs)

Bitcoin is the first decentralized cryptocoin ever built on top of a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software.

The entire cryptocurrency market — now worth more than $300 billion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.

The price of Bitcoin right now is $20,925.00. Its price is ↓ -1.75% down in the last 24 hours.
Current Price All Time High Market Cap
$20,925.00 $69,045.00 $399,224,596,239.00

Bitcoin Price Changes :

Last 24 Hours Last 7 Days Last 30 Days Last 1 Year
↓ -1.75% ↑ 1.99% ↓ -26.95% ↓ -34.66%

#Bitcoin #BTC #Microstrategy

MicroStrategy is the largest corporate owner of bitcoin, now holding 121,044 BTC worth about $3.6 billion at an average purchase price of roughly $29,534 each. CEO Michael Saylor shares insights into his vision and buying strategy for bitcoin, discussing the potential impact of inflation and regulation. “I think eventually, bitcoin as an asset class becomes a $100 trillion asset class,” Saylor said. “It replaces gold … bond portfolios … why can’t it grow by a factor of 100?”

In August 2020, MicroStrategy commenced with the bold defensive move to invest significant treasury assets in Bitcoin in response to inflationary pressures. Since then, MS has strategically enhanced their holdings to become the largest corporate owner of Bitcoin and just last week announced an additional $ 414 million purchase.

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